On 11/23/15, Banco Santander SA's 6.41% Non-Cumulative Guaranteed Series 1 Preferred Securities (Symbol: SAN.PRI) will trade ex-dividend, for its quarterly dividend of $0.4006, payable on 12/11/15. As a percentage of SAN.PRI's recent share price of $25.72, this dividend works out to approximately 1.56%, so look for shares of SAN.PRI to trade 1.56% lower - all else being equal - when SAN.PRI shares open for trading on 11/23/15. On an annualized basis, the current yield is approximately 6.21%, which compares to an average yield of 5.16% in the "Banking & Savings" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of SAN.PRI shares, versus SAN:
Below is a dividend history chart for SAN.PRI, showing historical dividends prior to the most recent $0.4006 on Banco Santander SA's 6.41% Non-Cumulative Guaranteed Series 1 Preferred Securities:
According to the ETF Finder at ETF Channel, Banco Santander SA (Symbol: SAN) makes up 2.46% of the BLDRS Europe Select ADR Index Fund ETF ( ADRU ) which is trading relatively unchanged on the day Thursday.
In Thursday trading, Banco Santander SA's 6.41% Non-Cumulative Guaranteed Series 1 Preferred Securities (Symbol: SAN.PRI) is currently down about 0.3% on the day, while the common shares (Symbol: SAN) are up about 2.5%.