Skip to main content
Home > Shareholder services > Dividend Distribution December 2020

December 2020 Dividend Distribution in shares

Santander made a final complementary distribution for the 2019 financial year in new shares equivalent to €0.10 per share in December 2020. As a result, total shareholder remuneration for 2019 was equivalent to €0.20 per share.

As part of this distribution, you were issued with one right for each share you held on the record date, and these rights were automatically converted into new shares in December 2020 unless you gave an instruction to sell the rights on market. Information about the conversion ratio applied for this distribution to calculate the number of new shares you would receive is included in the material fact document below.

For shareholders in the Santander Nominee Service the deadline for giving us an instruction to sell rights on market to receive cash instead of new shares was 5 p.m. on Tuesday 17 November. For more details about the distribution please refer to the Questions and Answers document below.

Although we are not required to impose Spanish withholding tax on the issuing of new shares or the sale of rights on market, under Spanish tax law any cash you receive in respect of the sale of rights or an entitlement to a fraction of a new share may create a Spanish tax reporting obligation for you. For more information you should read the tax information section below.

Please note that any instruction you may have given will only apply to this distribution. This distribution is not part of the Santander Scrip Dividend Scheme and therefore any previous election that you have made under the Santander Scrip Dividend Scheme will not be applied to this distribution.

If you are resident in a country outside of the EEA, you will have received a communication from the Santander Nominee Service advising you how your entitlement to rights through this distribution will be treated.

Further information about the Dividend distribution in shares

Tax information

Tax information - distribution in shares

The sale or gift of Santander shares and rights has Spanish tax reporting implications. For information on how to file a Spanish tax form (Form 210) click the button below.

Find out more 

December 2020 Dividend Distribution in shares

​If the information or FAQs on this page don't answer your question, you can contact us in either of the following ways: