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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Finance

    Posted By Global Banking and Finance Review

    Posted on February 26, 2025

    Featured image for article about Finance

    MADRID (Reuters) - Spain's Santander on Tuesday said its board had approved a total cash dividend of 0.21 euros ($0.2207) per share against 2024 results, a 19% rise from a year ago.

    This followed the board's proposal of a final cash dividend for 2024 of 0.11 euros for approval at its shareholders meeting on April 4 that will be paid on May 2.

    The total shareholder remuneration for the 2024 results will be approximately 6.3 billion euros, around 50% of its attributable profit for 2024, divided equally between cash dividends and share buybacks.

    Earlier this month, Santander announced up to 10 billion euros in buybacks from 2025 and 2026 earnings and excess capital, in addition to its standard cash dividend distribution.

    ($1 = 0.9517 euros)

    (Reporting by Jesús Aguado; editing by Pietro Lombardi)

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