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Created
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05/31/09
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Free
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*** UNDER CONSTRUCTION ***
Banco Santander, S.A. operates as a commercial and private bank primarily in Spain, the United Kingdom, other European countries, and Latin America. It operates in three segments: Retail Banking, Global Wholesale Banking, and Asset Management and Insurance. The Retail Banking segment offers a range of deposit products, including savings, current, demand, time, and notice deposits, as well as international and domestic interbank deposits; and loan products and services, such as auto financing, personal loans, mortgages, and leasing and renting. This segment also offers credit cards, automated cash dispensers, savings books updaters, telephone banking, and electronic and Internet banking. The Global Wholesale Banking segment provides corporate banking, treasury, and investment banking services. Its products and services include commercial financing, funds, trade finance, transactional products, custody services, corporate finance, structured finance, and capital structuring. This segment also engages in the trading and distribution of equities. The Asset Management and Insurance segment involves in the design and management of mutual and pension funds, and insurance products. As of December 31, 2007, the company had 5,976 branch offices in Continental Europe; 704 branches in the United Kingdom; and 4,498 branches in Latin America. It serves individuals, small and medium enterprises, companies, institutional investors, and financial institutions. The company was founded in 1857 and is headquartered in Madrid, Spain.
Dividend Information
One of the reasons to own Santander is the fantastic dividend options that you receive. Yielding far beyond anything you would get in a CD, or fixed income, you have a great, steady (for now) dividend that can be taken in a few ways, cash, warrants, or shares. There are tax savings to taking the dividend in shares. Info can be found here... http://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Shareholders/Shareholders-US/Santander-Scrip-Dividend.html
FINVIZ reports an OS of 8.16B and float of 6.44B shares.