BOSTON, Oct. 16, 2012 /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,
2012 to holders of record on November
1, 2012 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 more than
720 branches, nearly 2,300 ATMs and approximately
8,500 team members.
Banco Santander S.A. (SAN.SM, SAN.US) 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 102 million customers, approximately 15,000 branches
– more than any other international bank – and more than 193,000
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.