Santander Holdings USA Declares Quarterly Dividend on Preferred Stock

Santander Holdings USA Declares Quarterly Dividend on Preferred Stock

PR Newswire

BOSTON, April 20, 2016

BOSTON, April 20, 2016 /PRNewswire/ -- Santander Holdings USA, Inc. (SHUSA), parent company of Santander Bank, N.A., announced today that its Board of Directors declared a dividend on SHUSA's Preferred Stock. A dividend payment of $0.45625 per share is payable on May 16, 2016 to holders of record on May 2, 2016 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock (NYSE: SOVPRC).

Santander Holdings USA, Inc. (SHUSA) is a wholly-owned subsidiary of Banco Santander, S.A. (NYSE: SAN). Banco Santander is a diversified global retail and commercial bank offering a wide range of financial products and has more than 117 million customers worldwide. SHUSA owns 100% of Santander Bank, N.A., a retail and commercial bank with more than 670 branches and 9,400 employees in the U.S. northeast, and approximately 59% of the common stock of Santander Consumer USA Holdings Inc. (NYSE: SC), a Dallas, Texas-based national vehicle finance and unsecured consumer lending company. For more information about Santander Bank, visit www.santanderbank.com. For more information about Santander Consumer USA, visit www.santanderconsumerusa.com.

FINANCIAL CONTACTS:
Juan Carlos Alvarez
617.757.3520
[email protected]

Andrew Withers
617.757.3524
[email protected]

MEDIA CONTACTS:
Ann Davis
617.757.5891
[email protected]

Nancy Orlando
617.757.5765
[email protected]

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/santander-holdings-usa-declares-quarterly-dividend-on-preferred-stock-300254801.html

SOURCE Santander Holdings USA

Copyright CNW Group 2016

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