SHUSA Declares Quarterly Dividend on Preferred Stock

BOSTON, Oct. 19, 2011 /PRNewswire/ --  Santander Holdings USA, Inc. ("SHUSA"), parent company of Sovereign Bank, 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, 2011 to holders of record on November 1, 2011 for the SHUSA's Series C Non-Cumulative Perpetual Preferred Stock (NYSE: SOVPRC).

About our company

Santander Holdings USA, Inc. (SHUSA) is a wholly owned subsidiary of Banco Santander, S.A. and is the holding company for Sovereign Bank, a financial institution with principal markets in the northeastern United States. Sovereign Bank has 723 branches, 2,285 ATMs and approximately 8000 employees.  

Banco Santander S.A. (SAN.MC, STD.N) is a retail and commercial bank, headquartered in Spain, with a presence in ten main markets: Spain, Portugal, Germany, UK, Poland, Brazil, Mexico, Chile, Argentina and the U.S. Founded in 1857, Santander has 92 million customers, approximately 14,000 branches – more than any other international bank – and more than 190,000 employees. For more information on Santander, visit http://www.santander.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.



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