Santander raises interim cash dividend 39%

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Key Points

MADRID, Sept 26 (Reuters) - Spain's Santander (SAN.MC) said on Tuesday its board had approved an interim cash dividend of 0.081 euros ($0.0856) per share against its 2023 results, up 39% from a year ago...

The cash dividend is equivalent to around 25% of the group's attributable profit in the first half of 2023, or 1.31 billion euros, the euro zone's No. 2 lender by market value said...

In February, Santander raised its dividend pay-out policy to 50% from a previous 40% of the group's profit, equally split into cash dividend payments and share buybacks...

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