Banco Santander (LON:BNC) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Banco Santander, S.A. (LON:BNC - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 514.59 ($6.84) and traded as high as GBX 539 ($7.16). Banco Santander shares last traded at GBX 534 ($7.10), with a volume of 438,161 shares.

Banco Santander Price Performance

The stock's 50 day simple moving average is GBX 517.65 and its two-hundred day simple moving average is GBX 442.08. The stock has a market capitalization of £102.61 billion, a PE ratio of 8.76, a PEG ratio of 2.18 and a beta of 1.32.

Banco Santander Increases Dividend

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