Banco Santander's Preferred Shares Cross 4.5% Yield Mark
October 04, 2018 at 14:38 PM EDT
In trading on Thursday, shares of Banco Santander SA (Spain)'s Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (SAN. RB) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $1.0224), with shares changing hands as low as $22.30 on the day.