Banco Santander (LON:BNC) Shares Pass Above 50 Day Moving Average of $365.45

Shares of Banco Santander, S.A. (LON:BNC) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 365.45 ($4.89) and traded as high as GBX 384.50 ($5.14). Banco Santander shares last traded at GBX 367 ($4.91), with a volume of 380,466 shares traded.

Banco Santander Price Performance

The stock’s 50 day simple moving average is GBX 365.45 and its two-hundred day simple moving average is GBX 378.31. The stock has a market capitalization of £56.24 billion, a PE ratio of 611.67, a PEG ratio of 2.17 and a beta of 1.32.

Banco Santander Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Wednesday, October 30th will be paid a €0.10 ($0.11) dividend. This is an increase from Banco Santander’s previous dividend of $0.10. The ex-dividend date of this dividend is Wednesday, October 30th. This represents a yield of 2.2%. Banco Santander’s dividend payout ratio is presently 2,500.00%.

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.