Banco Santander (LON:BNC) Share Price Crosses Above 50-Day Moving Average of $352.62

Shares of Banco Santander, S.A. (LON:BNC) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 352.62 ($4.39) and traded as high as GBX 388 ($4.83). Banco Santander shares last traded at GBX 385.50 ($4.80), with a volume of 88,420,979 shares.

Banco Santander Price Performance

The stock has a market capitalization of £60.13 billion, a PE ratio of 688.39, a P/E/G ratio of 1.18 and a beta of 1.36. The company has a 50-day moving average of GBX 352.62 and a two-hundred day moving average of GBX 330.35.

Banco Santander Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 2nd. Investors of record on Monday, April 29th will be given a dividend of €0.10 ($0.10) per share. This represents a yield of 2.62%. The ex-dividend date is Monday, April 29th. This is an increase from Banco Santander’s previous dividend of $0.08. Banco Santander’s dividend payout ratio is 2,678.57%.

About Banco Santander

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.