Santander Holdings USA, Inc. Declares Quarterly Dividend on Preferred Stock
BOSTON, Oct. 16, 2013 /PRNewswire/ -- Santander Holdings USA, Inc. ("SHUSA"), parent company of Sovereign 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 depositary share is payable on November 15, 2013 to holders of record on November 1, 2013 for the SHUSA's Series C Non-Cumulative Perpetual Preferred Stock (NYSE: SOVPRC).
About Santander Holdings USA
Santander Holdings USA, Inc. is a member of the Santander Group and the parent company of Sovereign Bank, N.A. Santander Group is a network of diversified global retail and commercial banks offering a wide range of financial products. Founded in 1857, Santander Group has more than 102 million customers, approximately 14,600 branches – more than any other bank – and nearly 190,000 employees. Santander was recognized as 2012 Best Global Bank by Euromoney magazine, ranked second "Greenest Global Bank" in 2013 by Bloomberg BusinessWeek and was named 2013 "Sustainable Global Bank of the Year - Transactions" by the Financial Times. For more information about Santander, visit www.santanderusa.com.
Note: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release regarding Santander Holdings USA Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual future events to differ from those contained in the forward-looking statements, see "Forward-Looking Statements" in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.
SOURCE Santander Holdings USA, Inc.