Banco Santander (LON:BNC) Sets New 12-Month High - Still a Buy?

Banco Santander, S.A. (LON:BNC - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 582 ($7.77) and last traded at GBX 573 ($7.65), with a volume of 279082 shares traded. The stock had previously closed at GBX 566 ($7.56).

Banco Santander Price Performance

The firm has a market cap of £107.56 billion, a P/E ratio of 9.18, a PEG ratio of 2.18 and a beta of 1.32. The stock has a 50 day moving average of GBX 524.98 and a 200 day moving average of GBX 451.11.

Banco Santander Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 2nd. Stockholders of record on Tuesday, April 29th were paid a dividend of €0.11 ($0.12) per share. This is a boost from Banco Santander's previous dividend of $0.10. This represents a dividend yield of 1.69%. The ex-dividend date of this dividend was Tuesday, April 29th. Banco Santander's dividend payout ratio (DPR) is 26.64%.

Banco Santander Company Profile

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.