
SAN Dividend History
Banco Santander, S.A. · every payment since 1988
As of Oct 8, 2026, Banco Santander, S.A. (SAN) has paid 132 dividends since 1988. The most recent was $0.1470 per share (ex-date May 4, 2026, paid May 8, 2026). Over the last 12 months SAN paid $0.1470 across 1 payments, a trailing yield of 1.08%. The average of the last 2 regular payments is +26.0% versus the 2 before.
Latest dividend
$0.1470
Last ex-date
May 4, 2026
Paid, last 12 months
$0.15
Trailing yield
1.08%
Frequency
Semiannual
Growth streak
4 yrs
Key facts: SAN dividend history
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, SmarterDividends has 132 dividend payments on record for Banco Santander, S.A. (SAN), going back to 1988.
- SAN's most recent dividend was $0.15 per share, with an ex-dividend date of May 4, 2026 and a pay date of May 8, 2026.
- In the 12 months to Oct 8, 2026, SAN paid $0.15 per share in dividends across 1 payments, a trailing yield of 1.08%.
- SAN's most recent dividend increase took effect with the May 4, 2026 ex-date, a 18.5% rise to $0.15 per share.
- SAN's most recent dividend cut took effect with the Oct 31, 2022 ex-date, a 1.8% reduction to $0.0560 per share.
- SAN paid $0.12 per share in dividends in calendar year 2025, down 42.3% from 2024.
Cite this page
SmarterDividends, "SAN Dividend History: Every Payment, Dates & Yield," updated Oct 8, 2026, https://smarterdividends.com/stocks/SAN/dividend-history
What the record shows
SAN has paid dividends semiannually since 1988. Over the last 12 months, SAN distributed $0.147 per share, producing a trailing yield of 1.02%. Its latest payment exceeded the preceding payment, while the recent average per payment rose 26% from the prior level.
Annual totals rose in each year from 2021 through 2024. The 2025 total was lower because only one ex-date fell within the year, with the other falling into a neighbouring year, rather than because of a rate change. Average per payment increased to $0.124 from $0.1075.
SAN has recorded four consecutive years of annual dividend growth. Its last annual cut occurred in 2015, and its dividend safety grade is C. Across the last five years, seven payments were higher than the preceding payment and one was lower. Most individual payment changes were increases, though the sequence was not uninterrupted.
By SmarterDividends Team · written from the payment record on this page · updated Sep 27, 2026 · editorial policy
Dividends versus price, last 12 months
Paid out
1.45%
of price a year ago
Price change
+35.1%
$10.11 → $13.66
Approx. total return
+36.6%
before taxes
Total return adds dividends received to the price change; it ignores reinvestment and taxes.
SAN dividends per year
Total paid per share by calendar year
Recent dividend amounts
Last 24 regular payments, per share
SAN dividend history by year
| Year | Payments | Total per share | Change |
|---|---|---|---|
| 2026year to date | 1 | $0.1470 | — |
| 2025 | 1timing | $0.1240 | -42.3% |
| 2024 | 2 | $0.2150 | +45.3% |
| 2023 | 2 | $0.1480 | +31.0% |
| 2022 | 2 | $0.1130 | +27.0% |
| 2021 | 2 | $0.0890 | — |
| 2019 | 3timing | $0.2570 | -1.2% |
| 2018 | 4timing | $0.2600 | +8.3% |
| 2017 | 4timing | $0.2400 | +7.6% |
| 2016 | 4timing | $0.2230 | -51.3% |
| 2015 | 4timing | $0.4580 | -43.4% |
| 2014 | 4timing | $0.8090 | +2.0% |
| 2013 | 4timing | $0.7930 | -19.6% |
| 2012 | 5timing | $0.9860 | +17.1% |
| 2011 | 4timing | $0.8420 | +4.5% |
| 2010 | 4timing | $0.8060 | -6.1% |
| 2009 | 4timing | $0.8580 | -26.7% |
| 2008 | 5timing | $1.1710 | +58.0% |
| 2007 | 4timing | $0.7410 | +36.5% |
| 2006 | 4timing | $0.5430 | +22.0% |
| 2005 | 4timing | $0.4450 | +13.2% |
| 2004 | 4timing | $0.3930 | +22.8% |
| 2003 | 4timing | $0.3200 | +17.6% |
| 2002 | 4timing | $0.2720 | -20.0% |
| 2001 | 4timing | $0.3400 | +5.6% |
| 2000 | 4timing | $0.3220 | +55.6% |
| 1999 | 4timing | $0.2070 | -39.5% |
| 1998 | 7timing | $0.3423 | +76.1% |
| 1997 | 4timing | $0.1944 | +17.4% |
| 1996 | 4timing | $0.1656 | -1.5% |
| 1995 | 4timing | $0.1681 | -67.6% |
| 1994 | 5timing | $0.5194 | +226.4% |
| 1993 | 3timing | $0.1591 | +13.1% |
| 1992 | 2 | $0.1408 | +6.0% |
| 1991 | 2 | $0.1328 | -5.5% |
| 1990 | 2 | $0.1405 | +45.6% |
| 1989 | 2 | $0.0965 | +68.7% |
| 1988 | 2 | $0.0572 | — |
Every SAN dividend
68 raises · 57 cuts · 2 specials| Ex-dividend date | Pay date | Amount | Change | Type |
|---|---|---|---|---|
| May 4, 2026 | May 8, 2026 | $0.1470 | +18.5% | Raise |
| Apr 30, 2025 | May 7, 2025 | $0.1240 | +10.7% | Raise |
| Oct 31, 2024 | Nov 6, 2024 | $0.1120 | +8.7% | Raise |
| Apr 29, 2024 | May 7, 2024 | $0.1030 | +21.2% | Raise |
| Oct 31, 2023 | Nov 7, 2023 | $0.0850 | +34.9% | Raise |
| Apr 27, 2023 | May 5, 2023 | $0.0630 | +12.5% | Raise |
| Oct 31, 2022 | Nov 7, 2022 | $0.0560 | -1.8% | Cut |
| Apr 28, 2022 | May 5, 2022 | $0.0570 | +1.8% | Raise |
| Oct 29, 2021 | Nov 5, 2021 | $0.0560 | +69.7% | Raise |
| Apr 30, 2021 | May 11, 2021 | $0.0330 | -69.7% | Cut |
| Oct 30, 2019 | Nov 8, 2019 | $0.1090 | +49.3% | Raise |
| Apr 29, 2019 | May 9, 2019 | $0.0730 | -2.7% | Cut |
| Jan 30, 2019 | Feb 8, 2019 | $0.0750 | +87.5% | Raise |
| Oct 16, 2018 | Nov 13, 2018 | $0.0400 | -46.7% | Cut |
| Jul 30, 2018 | Aug 8, 2018 | $0.0750 | +2.7% | Raise |
| May 2, 2018 | May 10, 2018 | $0.0730 | +1.4% | Raise |
| Jan 30, 2018 | Feb 8, 2018 | $0.0720 | +35.8% | Raise |
| Oct 16, 2017 | Nov 13, 2017 | $0.0530 | -23.2% | Cut |
| Aug 1, 2017 | Aug 11, 2017 | $0.0690 | +16.9% | Raise |
| Apr 26, 2017 | May 9, 2017 | $0.0590 | +0.0% | Unchanged |
| Jan 25, 2017 | Feb 8, 2017 | $0.0590 | +18.0% | Raise |
| Oct 13, 2016 | Nov 14, 2016 | $0.0500 | -18.0% | Cut |
| Jul 27, 2016 | Aug 8, 2016 | $0.0610 | +7.0% | Raise |
| Apr 28, 2016 | May 10, 2016 | $0.0570 | +3.6% | Raise |
| Jan 27, 2016 | Feb 8, 2016 | $0.0550 | -3.5% | Cut |
| Oct 15, 2015 | Nov 16, 2015 | $0.0570 | +1.8% | Raise |
| Jul 29, 2015 | Aug 10, 2015 | $0.0560 | -66.1% | Cut |
| Apr 9, 2015 | May 11, 2015 | $0.1650 | -8.3% | Cut |
| Jan 9, 2015 | Feb 9, 2015 | $0.1800 | -4.8% | Cut |
| Oct 15, 2014 | Nov 13, 2014 | $0.1890 | -7.8% | Cut |
| Jul 10, 2014 | Aug 11, 2014 | $0.2050 | -1.0% | Cut |
| Apr 9, 2014 | May 12, 2014 | $0.2070 | -0.5% | Unchanged |
| Jan 10, 2014 | Feb 12, 2014 | $0.2080 | +2.0% | Raise |
| Oct 10, 2013 | Nov 13, 2013 | $0.2040 | +4.1% | Raise |
| Jul 10, 2013 | Aug 9, 2013 | $0.1960 | +0.0% | Unchanged |
| Apr 9, 2013 | May 10, 2013 | $0.1960 | -0.5% | Cut |
| Jan 10, 2013 | Feb 8, 2013 | $0.1970 | +1.0% | Raise |
| Oct 12, 2012 | Nov 13, 2012 | $0.1950 | +2.6% | Raise |
| Jul 11, 2012 | Aug 8, 2012 | $0.1900 | +29.3% | Raise |
| Jul 10, 2012 | — | $0.1470 | -49.8% | Cut |
| Apr 10, 2012 | May 9, 2012 | $0.2930 | +82.0% | Raise |
| Jan 11, 2012 | Feb 8, 2012 | $0.1610 | -6.9% | Cut |
| Oct 12, 2011 | Nov 10, 2011 | $0.1730 | -11.3% | Cut |
| Jul 27, 2011 | Aug 8, 2011 | $0.1950 | -38.1% | Cut |
| Apr 27, 2011 | May 9, 2011 | $0.3150 | +98.1% | Raise |
| Jan 12, 2011 | Feb 10, 2011 | $0.1590 | -3.6% | Cut |
| Oct 12, 2010 | Nov 12, 2010 | $0.1650 | +0.6% | Raise |
| Jul 28, 2010 | Aug 9, 2010 | $0.1640 | -45.2% | Cut |
| Apr 28, 2010 | May 10, 2010 | $0.2990 | +68.0% | Raise |
| Jan 27, 2010 | Feb 8, 2010 | $0.1780 | +1.7% | Raise |
| Oct 13, 2009 | Nov 12, 2009 | $0.1750 | -6.9% | Cut |
| Jul 29, 2009 | Aug 10, 2009 | $0.1880 | -42.7% | Cut |
| Apr 28, 2009 | May 11, 2009 | $0.3280 | +96.4% | Raise |
| Jan 28, 2009 | Feb 9, 2009 | $0.1670 | -9.2% | Cut |
| Dec 2, 2008 | Dec 11, 2008 | $0.1840 | -0.5% | Cut |
| Oct 29, 2008 | Nov 10, 2008 | $0.1850 | -12.7% | Cut |
| Jul 29, 2008 | Aug 8, 2008 | $0.2120 | -48.2% | Cut |
| Apr 28, 2008 | May 9, 2008 | $0.4090 | +126.0% | Raise |
| Jan 29, 2008 | Feb 8, 2008 | $0.1810 | +4.0% | Raise |
| Oct 29, 2007 | Nov 8, 2007 | $0.1740 | +5.5% | Raise |
| Jul 27, 2007 | Aug 8, 2007 | $0.1650 | -37.3% | Cut |
| Apr 26, 2007 | May 8, 2007 | $0.2630 | +89.2% | Raise |
| Jan 29, 2007 | Feb 8, 2007 | $0.1390 | +3.7% | Raise |
| Oct 27, 2006 | Nov 8, 2006 | $0.1340 | -0.7% | Cut |
| Jul 27, 2006 | Aug 8, 2006 | $0.1350 | -17.7% | Cut |
| Apr 26, 2006 | May 9, 2006 | $0.1640 | +49.1% | Raise |
| Jan 27, 2006 | Feb 8, 2006 | $0.1100 | -0.9% | Cut |
| Oct 27, 2005 | Nov 8, 2005 | $0.1110 | -1.8% | Cut |
| Jul 27, 2005 | Aug 8, 2005 | $0.1130 | +1.8% | Raise |
| Apr 27, 2005 | May 9, 2005 | $0.1110 | +0.9% | Raise |
| Jan 27, 2005 | Feb 8, 2005 | $0.1100 | +4.8% | Raise |
| Oct 27, 2004 | Nov 8, 2004 | $0.1050 | +2.9% | Raise |
| Jul 28, 2004 | Aug 9, 2004 | $0.1020 | +15.9% | Raise |
| Apr 28, 2004 | May 10, 2004 | $0.0880 | -10.2% | Cut |
| Jan 28, 2004 | Feb 9, 2004 | $0.0980 | +8.9% | Raise |
| Oct 29, 2003 | Nov 10, 2003 | $0.0900 | +4.7% | Raise |
| Jul 29, 2003 | Aug 8, 2003 | $0.0860 | +32.3% | Raise |
| Apr 28, 2003 | May 9, 2003 | $0.0650 | -17.7% | Cut |
| Jan 29, 2003 | Feb 10, 2003 | $0.0790 | +6.8% | Raise |
| Oct 29, 2002 | Nov 8, 2002 | $0.0740 | -3.9% | Cut |
| Jul 29, 2002 | Aug 8, 2002 | $0.0770 | +40.0% | Raise |
| Apr 25, 2002 | May 7, 2002 | $0.0550 | -16.7% | Cut |
| Jan 28, 2002 | Feb 7, 2002 | $0.0660 | -2.9% | Cut |
| Oct 26, 2001 | Nov 7, 2001 | $0.0680 | +4.6% | Raise |
| Jul 30, 2001 | Aug 8, 2001 | $0.0650 | -55.5% | Cut |
| Apr 25, 2001 | May 7, 2001 | $0.1460 | +139.3% | Raise |
| Jan 26, 2001 | Feb 7, 2001 | $0.0610 | +8.9% | Raise |
| Oct 26, 2000 | Nov 10, 2000 | $0.0560 | -8.2% | Cut |
| Aug 1, 2000 | Aug 10, 2000 | $0.0610 | +3.4% | Raise |
| Apr 26, 2000 | May 9, 2000 | $0.0590 | +0.0% | Unchanged |
| Jan 26, 2000 | Feb 7, 2000 | $0.1460 | — | Special |
| Oct 27, 1999 | Nov 8, 1999 | $0.0590 | +3.5% | Raise |
| Aug 3, 1999 | Aug 12, 1999 | $0.0570 | +42.5% | Raise |
| Apr 7, 1999 | — | $0.0400 | -21.6% | Cut |
| Jan 27, 1999 | — | $0.0510 | -15.0% | Cut |
| Oct 28, 1998 | — | $0.0600 | +26.3% | Raise |
| Aug 18, 1998 | — | $0.0475 | +2.0% | Raise |
| Aug 7, 1998 | — | $0.0466 | -13.6% | Cut |
| Jul 28, 1998 | — | $0.0539 | +66.7% | Raise |
| Jun 10, 1998 | — | $0.0324 | -41.1% | Cut |
| Apr 1, 1998 | — | $0.0549 | +16.7% | Raise |
| Jan 28, 1998 | — | $0.0471 | -4.5% | Cut |
| Oct 28, 1997 | — | $0.0493 | +8.1% | Raise |
| Jul 28, 1997 | — | $0.0456 | -20.3% | Cut |
| Apr 25, 1997 | — | $0.0572 | +35.1% | Raise |
| Jan 28, 1997 | — | $0.0423 | -5.1% | Cut |
| Oct 28, 1996 | — | $0.0446 | -1.3% | Cut |
| Jul 26, 1996 | — | $0.0452 | +29.2% | Raise |
| Apr 25, 1996 | — | $0.0350 | -14.4% | Cut |
| Jan 26, 1996 | — | $0.0409 | -2.0% | Cut |
| Oct 30, 1995 | — | $0.0417 | -2.5% | Cut |
| Jul 27, 1995 | — | $0.0427 | -15.1% | Cut |
| Apr 24, 1995 | — | $0.0503 | +51.0% | Raise |
| Jan 25, 1995 | — | $0.0333 | +1.5% | Raise |
| Oct 25, 1994 | — | $0.0328 | -13.0% | Cut |
| Jul 25, 1994 | — | $0.0377 | -37.7% | Cut |
| Jun 8, 1994 | — | $0.3525 | — | Special |
| Apr 25, 1994 | — | $0.0606 | +69.8% | Raise |
| Jan 26, 1994 | — | $0.0357 | -7.2% | Cut |
| Oct 25, 1993 | — | $0.0385 | +2.6% | Raise |
| Jul 26, 1993 | — | $0.0375 | -54.9% | Cut |
| Apr 26, 1993 | — | $0.0832 | -21.8% | Cut |
| Oct 26, 1992 | — | $0.1063 | +208.3% | Raise |
| Apr 24, 1992 | — | $0.0345 | -54.3% | Cut |
| Oct 25, 1991 | — | $0.0755 | +31.6% | Raise |
| Apr 24, 1991 | — | $0.0574 | -23.5% | Cut |
| Oct 25, 1990 | — | $0.0750 | +14.5% | Raise |
| Apr 24, 1990 | — | $0.0655 | +25.9% | Raise |
| Oct 25, 1989 | — | $0.0520 | +17.1% | Raise |
| Apr 24, 1989 | — | $0.0444 | +129.5% | Raise |
| Oct 24, 1988 | — | $0.0194 | -48.8% | Cut |
| Apr 25, 1988 | — | $0.0378 | — | First |
SAN dividend history — FAQ
How much is SAN's dividend?
As of Oct 8, 2026, SAN's most recent dividend was $0.1470 per share, with an ex-dividend date of May 4, 2026 and a pay date of May 8, 2026. Over the last 12 months it paid $0.1470 per share across 1 payments, a trailing yield of 1.08%.
How often does SAN pay a dividend?
Banco Santander, S.A. pays on a semiannual schedule. It made 1 payments in the last 12 months and 1 in 2025.
When is SAN's next dividend?
As of Oct 8, 2026, the next SAN ex-dividend date on record is Oct 30, 2026, payable Nov 5, 2026. Shares must be owned before the ex-dividend date to receive it.
Has SAN ever cut its dividend?
Yes. Our payment-by-payment record shows 57 regular payments lower than the one before it; the most recent annual reduction was in 2015.
How much did SAN pay in dividends in 2025?
SAN paid $0.1240 per share across 1 payments in 2025, down 42.3% from 2024.
What was SAN's total return including dividends over the last year?
Over the 12 months to Oct 8, 2026, SAN paid $0.1470 per share, 1.45% of its price a year earlier, while its price moved +35.1%. That is an approximate total return of +36.6% before taxes and reinvestment.
More on SAN
Explore more
Lists and tools related to SAN
- Financial Services dividend stocks →
- SAN dividend calculator →
- SAN DRIP calculator →
- SAN: last day to buy for the dividend →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →
Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to SAN
