Banco Santander's board approved an interim cash dividend of 12.7 euro cents per share against 2026 results. The payment is more than 10% higher than the previous year's interim dividend and will be payable from November 2, 2026. It represents about 25% of the group's underlying profit for the first half of 2026.
Santander's shareholder remuneration policy aims to distribute approximately 50% of the group's underlying profit through cash dividends and share buybacks. Total remuneration for the first half of the year, including a previously announced share buyback, amounts to roughly 3.7 billion euros.