SmarterDividends
SAN

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

YearPaymentsTotal per shareChange
2026year to date1$0.1470—
20251timing$0.1240-42.3%
20242$0.2150+45.3%
20232$0.1480+31.0%
20222$0.1130+27.0%
20212$0.0890—
20193timing$0.2570-1.2%
20184timing$0.2600+8.3%
20174timing$0.2400+7.6%
20164timing$0.2230-51.3%
20154timing$0.4580-43.4%
20144timing$0.8090+2.0%
20134timing$0.7930-19.6%
20125timing$0.9860+17.1%
20114timing$0.8420+4.5%
20104timing$0.8060-6.1%
20094timing$0.8580-26.7%
20085timing$1.1710+58.0%
20074timing$0.7410+36.5%
20064timing$0.5430+22.0%
20054timing$0.4450+13.2%
20044timing$0.3930+22.8%
20034timing$0.3200+17.6%
20024timing$0.2720-20.0%
20014timing$0.3400+5.6%
20004timing$0.3220+55.6%
19994timing$0.2070-39.5%
19987timing$0.3423+76.1%
19974timing$0.1944+17.4%
19964timing$0.1656-1.5%
19954timing$0.1681-67.6%
19945timing$0.5194+226.4%
19933timing$0.1591+13.1%
19922$0.1408+6.0%
19912$0.1328-5.5%
19902$0.1405+45.6%
19892$0.0965+68.7%
19882$0.0572—

Every SAN dividend

68 raises · 57 cuts · 2 specials
Ex-dividend datePay dateAmountChangeType
May 4, 2026May 8, 2026$0.1470+18.5%Raise
Apr 30, 2025May 7, 2025$0.1240+10.7%Raise
Oct 31, 2024Nov 6, 2024$0.1120+8.7%Raise
Apr 29, 2024May 7, 2024$0.1030+21.2%Raise
Oct 31, 2023Nov 7, 2023$0.0850+34.9%Raise
Apr 27, 2023May 5, 2023$0.0630+12.5%Raise
Oct 31, 2022Nov 7, 2022$0.0560-1.8%Cut
Apr 28, 2022May 5, 2022$0.0570+1.8%Raise
Oct 29, 2021Nov 5, 2021$0.0560+69.7%Raise
Apr 30, 2021May 11, 2021$0.0330-69.7%Cut
Oct 30, 2019Nov 8, 2019$0.1090+49.3%Raise
Apr 29, 2019May 9, 2019$0.0730-2.7%Cut
Jan 30, 2019Feb 8, 2019$0.0750+87.5%Raise
Oct 16, 2018Nov 13, 2018$0.0400-46.7%Cut
Jul 30, 2018Aug 8, 2018$0.0750+2.7%Raise
May 2, 2018May 10, 2018$0.0730+1.4%Raise
Jan 30, 2018Feb 8, 2018$0.0720+35.8%Raise
Oct 16, 2017Nov 13, 2017$0.0530-23.2%Cut
Aug 1, 2017Aug 11, 2017$0.0690+16.9%Raise
Apr 26, 2017May 9, 2017$0.0590+0.0%Unchanged
Jan 25, 2017Feb 8, 2017$0.0590+18.0%Raise
Oct 13, 2016Nov 14, 2016$0.0500-18.0%Cut
Jul 27, 2016Aug 8, 2016$0.0610+7.0%Raise
Apr 28, 2016May 10, 2016$0.0570+3.6%Raise
Jan 27, 2016Feb 8, 2016$0.0550-3.5%Cut
Oct 15, 2015Nov 16, 2015$0.0570+1.8%Raise
Jul 29, 2015Aug 10, 2015$0.0560-66.1%Cut
Apr 9, 2015May 11, 2015$0.1650-8.3%Cut
Jan 9, 2015Feb 9, 2015$0.1800-4.8%Cut
Oct 15, 2014Nov 13, 2014$0.1890-7.8%Cut
Jul 10, 2014Aug 11, 2014$0.2050-1.0%Cut
Apr 9, 2014May 12, 2014$0.2070-0.5%Unchanged
Jan 10, 2014Feb 12, 2014$0.2080+2.0%Raise
Oct 10, 2013Nov 13, 2013$0.2040+4.1%Raise
Jul 10, 2013Aug 9, 2013$0.1960+0.0%Unchanged
Apr 9, 2013May 10, 2013$0.1960-0.5%Cut
Jan 10, 2013Feb 8, 2013$0.1970+1.0%Raise
Oct 12, 2012Nov 13, 2012$0.1950+2.6%Raise
Jul 11, 2012Aug 8, 2012$0.1900+29.3%Raise
Jul 10, 2012—$0.1470-49.8%Cut
Apr 10, 2012May 9, 2012$0.2930+82.0%Raise
Jan 11, 2012Feb 8, 2012$0.1610-6.9%Cut
Oct 12, 2011Nov 10, 2011$0.1730-11.3%Cut
Jul 27, 2011Aug 8, 2011$0.1950-38.1%Cut
Apr 27, 2011May 9, 2011$0.3150+98.1%Raise
Jan 12, 2011Feb 10, 2011$0.1590-3.6%Cut
Oct 12, 2010Nov 12, 2010$0.1650+0.6%Raise
Jul 28, 2010Aug 9, 2010$0.1640-45.2%Cut
Apr 28, 2010May 10, 2010$0.2990+68.0%Raise
Jan 27, 2010Feb 8, 2010$0.1780+1.7%Raise
Oct 13, 2009Nov 12, 2009$0.1750-6.9%Cut
Jul 29, 2009Aug 10, 2009$0.1880-42.7%Cut
Apr 28, 2009May 11, 2009$0.3280+96.4%Raise
Jan 28, 2009Feb 9, 2009$0.1670-9.2%Cut
Dec 2, 2008Dec 11, 2008$0.1840-0.5%Cut
Oct 29, 2008Nov 10, 2008$0.1850-12.7%Cut
Jul 29, 2008Aug 8, 2008$0.2120-48.2%Cut
Apr 28, 2008May 9, 2008$0.4090+126.0%Raise
Jan 29, 2008Feb 8, 2008$0.1810+4.0%Raise
Oct 29, 2007Nov 8, 2007$0.1740+5.5%Raise
Jul 27, 2007Aug 8, 2007$0.1650-37.3%Cut
Apr 26, 2007May 8, 2007$0.2630+89.2%Raise
Jan 29, 2007Feb 8, 2007$0.1390+3.7%Raise
Oct 27, 2006Nov 8, 2006$0.1340-0.7%Cut
Jul 27, 2006Aug 8, 2006$0.1350-17.7%Cut
Apr 26, 2006May 9, 2006$0.1640+49.1%Raise
Jan 27, 2006Feb 8, 2006$0.1100-0.9%Cut
Oct 27, 2005Nov 8, 2005$0.1110-1.8%Cut
Jul 27, 2005Aug 8, 2005$0.1130+1.8%Raise
Apr 27, 2005May 9, 2005$0.1110+0.9%Raise
Jan 27, 2005Feb 8, 2005$0.1100+4.8%Raise
Oct 27, 2004Nov 8, 2004$0.1050+2.9%Raise
Jul 28, 2004Aug 9, 2004$0.1020+15.9%Raise
Apr 28, 2004May 10, 2004$0.0880-10.2%Cut
Jan 28, 2004Feb 9, 2004$0.0980+8.9%Raise
Oct 29, 2003Nov 10, 2003$0.0900+4.7%Raise
Jul 29, 2003Aug 8, 2003$0.0860+32.3%Raise
Apr 28, 2003May 9, 2003$0.0650-17.7%Cut
Jan 29, 2003Feb 10, 2003$0.0790+6.8%Raise
Oct 29, 2002Nov 8, 2002$0.0740-3.9%Cut
Jul 29, 2002Aug 8, 2002$0.0770+40.0%Raise
Apr 25, 2002May 7, 2002$0.0550-16.7%Cut
Jan 28, 2002Feb 7, 2002$0.0660-2.9%Cut
Oct 26, 2001Nov 7, 2001$0.0680+4.6%Raise
Jul 30, 2001Aug 8, 2001$0.0650-55.5%Cut
Apr 25, 2001May 7, 2001$0.1460+139.3%Raise
Jan 26, 2001Feb 7, 2001$0.0610+8.9%Raise
Oct 26, 2000Nov 10, 2000$0.0560-8.2%Cut
Aug 1, 2000Aug 10, 2000$0.0610+3.4%Raise
Apr 26, 2000May 9, 2000$0.0590+0.0%Unchanged
Jan 26, 2000Feb 7, 2000$0.1460—Special
Oct 27, 1999Nov 8, 1999$0.0590+3.5%Raise
Aug 3, 1999Aug 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.

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