BOSTON, Jan. 13, 2011 /PRNewswire/ -- Santander Holdings
USA, Inc. ("SHUSA"), parent company of Sovereign Bank, announced
today that its Board of Directors declared dividends on SHUSA's
Preferred Stock and Capital Trust V Securities. A dividend payment
of $0.45625 per depositary share is
payable on February 15, 2011 to
holders of record on February 1, 2011
for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock
(NYSE: SOVPRC). A dividend of $0.484375 is payable on February 15, 2011 to holders of record on
February 14, 2011 for the Capital
Trust V Securities (NYSE: SOVPRB).
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 and Santander Consumer USA, Inc. Sovereign
Bank is a financial institution with principal markets in the
northeastern United States with
more than 700 branches, over 2,300 ATMs and approximately 8,000
team members. For more information on Sovereign Bank, visit
http://www.sovereignbank.com.
Banco Santander (SAN.MC, STD.N) is a retail and commercial bank,
headquartered in Spain, with a
presence in ten main markets: Spain, Portugal, Germany, the UK, Poland, Brazil, Mexico, Chile, Argentina and the U.S. Founded in 1857,
Santander had $1.665 trillion in
managed funds at the end of 2009. Santander has 92 million
customers, approximately 14,000 branches -- more than any other
international bank -- and over 170,000 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.