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The Santander Dividend Re-investment Plan (“the DRIP”)

The DRIP offers you, as a shareholder in the Santander Nominee Service, a simple way to use your Santander cash dividend payments to purchase additional Santander shares, to increase your shareholding.

How does the DRIP work?

If you choose to join the DRIP, you will receive further Santander shares rather than a cash payment.

Whole shares are purchased and any residual money is rolled over and added to the next cash dividend. However, if the amount available to re-invest, after the deduction of costs, is not enough to purchase one whole share, then no costs will be charged to you and the whole of your dividend will be carried forward to the next cash dividend payment.

Statements will be made available in your Santander Shareview Portfolio each quarter, informing you of the cash balance held on your behalf in the DRIP and/or showing you the details of your share purchases through the DRIP. More information about DRIP statements and the options available can be found here.

How do I join?

You can join the DRIP by logging into your Santander Shareview portfolio below. Once logged in visit the ‘My Investments’ section, click on ‘View’ and ‘Dividend Election’ to make your choice.

Login to your portfolio 

If you haven’t already registered, it’s simple to do so below. After registering, and when you have received your activation code through the post, just log-in and follow the directions above.

Register for a portfolio 

You can also download an application form below, or you can request a form to be sent to you by calling the Shareholder Helpline.

Download an application form 

To view the DRIP Terms and Conditions click the button below.

View terms and conditions 

Please note:

The information contained on this website is important to your decision as to whether to participate in the DRIP. Please read all available information carefully before applying to participate in the DRIP and, if you are in any doubt as to what action to take, please consult with appropriate independent advisers.

The value of shares and the income from them can go down as well as up and is not guaranteed. Past performance is not a reliable indicator of future results.

Overseas considerations

If you live outside of the UK, please be aware that some country-specific restrictions are applicable for particular holdings (for example, if you live in the U.S.A. or Canada). Please ensure that you check the Terms & Conditions and your eligibility before applying for a DRIP.

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