Santander BanCorp Declares Common Shares Dividend
November 21 2005 - 8:35AM
PR Newswire (US)
SAN JUAN, Puerto Rico, Nov. 21 /PRNewswire-FirstCall/ -- The Board
of Directors of Santander BanCorp (NYSE: SBP; LATIBEX: XSBP),
declared a cash dividend amounting to $0.16 per common share. The
dividend shall be payable on January 2, 2006 to shareholders of
record as of December 9, 2005. Cash dividends on common shares are
eligible for direct reinvestment under the Company's Dividend
Reinvestment and Cash Purchase Plan. For additional information on
how to participate in Santander BanCorp's Dividend Reinvestment and
Cash Purchase Plan, shareholders should contact our transfer agent
and registrar, Mellon Investor Services LLC, at (800) 851-9677.
Santander BanCorp is a publicly held financial holding company that
is traded on the New York Stock Exchange (SBP) and on Latibex
(Madrid Stock Exchange) (XSBP). 89% of the outstanding common of
Santander BanCorp is owned by Banco Santander Central Hispano, S.A
(Santander). The Company has three wholly owned subsidiaries, Banco
Santander Puerto Rico, Santander Securities Corporation and
Santander Insurance Agency. Banco Santander Puerto Rico has been
operating in Puerto Rico for nearly three decades. It offers a full
array of services through 65 branches in the areas of commercial,
mortgage and consumer banking, supported by a team of over 1,600
employees. Santander Securities offers securities brokerage
services and provides portfolio management services through its
wholly owned subsidiary Santander Asset Management Corporation.
Santander Insurance Agency offers life, health and disability
coverage as a corporate agent and also operates as a general agent.
For more information, visit the Company's website at
http://www.santandernet.com/. Santander (SAN.MC, STD.N) is the 9th
largest bank in the world by market capitalization and the largest
in the Euro Zone. Founded in 1857, Santander has 63 million
customers, 9,970 offices and a presence in over 40 countries. It is
the largest financial group in Spain and Latin America, and is a
major player elsewhere in Europe, including the United Kingdom
through its Abbey subsidiary and Portugal, where it is the third
largest banking group. Through Santander Consumer it also operates
a leading consumer finance franchise in Germany, Italy, Spain and
nine other European countries. In 2004, Santander recorded euro 3.6
billion in net attributable profits. In Latin America, Santander
manages over US$130 billion in business volumes (loans, deposits
and off-balance sheet assets under management) through 4,000
offices in 10 countries. DATASOURCE: Santander BanCorp CONTACT:
Maria Calero, +1-787-751-6640, or Evelyn Vega, +1-787-777-4546,
both of Santander BanCorp Web site: http://www.santandernet.com/
Copyright