Banco Santander - An unusual high dividend yield banking stock

[l0nEr]

This fund manager (T. Rowe Price's Dean Tenerelli) picked BBVA instead

http://online.barrons.com/article/SB5000...rticle%3D0

[thor666]

If you take scrip or selling scrip share for cash, you won't incur withholding tax. of course you must hold ADR of Banco Santander and JP Morgan always offers 3 options.

1. scrip, no withholding tax
2. sell share for cash, no withholding tax, but depends on market price.
3. cash, with 21% withholding tax.

both 1 & 2 don't have withholding tax.

Bumping an old thread. Does anyone know if can avoid WHT if purchased via LSE?

http://www.valuebuddies.com/showthread.php?tid=6052

Am interested to on take a position via Standchart trading platform.


Sent from my iPad using Tapatalk

[investingsgx]

No reason for this stock to tank so much. PE ratio 8.

[frus]

Eurostoxx banks are down 23% in the 1st quarter (down 80% from highs in 2007) - it's a falling knife.

P/E of x for banks doesn't mean much given huge leverage if assets are nor marked correctly, which in Europe they certainly aren't.

[dreamybear]

revival in the making ?

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Santander Q2 net profit beats forecasts on Spain but Brazil weak
https://www.reuters.com/business/finance...023-07-26/
"....The bank reiterated its return-on-equity ratio target (ROTE) of more than 15% by the end of 2023 after finishing the second quarter with ratio of 14.61%....."