Banco Santander (LON:BNC) Hits New 1-Year High - Should You Buy?

Banco Santander, S.A. (LON:BNC - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 598 ($8.09) and last traded at GBX 586 ($7.93), with a volume of 252587 shares. The stock had previously closed at GBX 579 ($7.83).

Banco Santander Price Performance

The firm has a market capitalization of £107.01 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 2.18 and a beta of 1.32. The company's fifty day simple moving average is GBX 529.96 and its 200-day simple moving average is GBX 456.93.

Banco Santander Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 2nd. Stockholders of record on Tuesday, April 29th were issued a €0.11 ($0.13) dividend. The ex-dividend date was Tuesday, April 29th. This is a positive change from Banco Santander's previous dividend of $0.10. This represents a dividend yield of 1.69%. Banco Santander's dividend payout ratio is currently 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.