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Banco Santander, S.A. Message Board

  • isaac_dj isaac_dj Mar 15, 2013 4:59 PM Flag

    SAN i-- CurrentlyBEST BANKING STOCK to OWN!!

    If one compares the 6-month chart of SAN to those of BCS, BAC, and C, one can see that while SAN's stock has not gained in the last six months, the other banks have increased by more than 20%. Given the good performance of SAN's revenues, the RISE in its stock is clearly OVERDUE.

    But even if SAN does not catch up with the rise of the other banks in the next year, its 8.4% DIVIDEND rate assures a good return for shareholders. In that respect, SAN is the BEST STOCK TO BE STUCK IN because of its outstanding dividend rate.

    Meanwhile, the improvement in the US housing market (see DHI) bodes well for the US economy since the crash in housing was the main cause of the last recession. Improvement in the US housing market is also a leading indicator to the housing market in Spain, which may be the main burden weighing on SAN, even though Spain now represents a minorl fraction of SAN's business.

    The bottom line is that the downside risk in SAN is quickly diminishing while the UPSIDE potential is sharply increasing. And again, SAN's DIVIDEND RATE is certainly one of the best in the market. In other words, the currently low price of SAN is therefore not sustainable.

    Sentiment: Strong Buy

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    • There seems to be buying strength at the 7.20 area as seen in the last week or so. Cyprus is a drag on the stock, but so is the legal action against Saenz. The dividend does vary, but the globalization of this company and the size and strength of its finances is something to be considered. With the relative stability and building strength of the US economy there will be a basis for SAN strength. Cyprus will negotiate out a full participant solution and the world will go on. SAN will recover some and with continuing div will do fine.

      Sentiment: Hold

    • The stabilizing effect of the VERY HIGH DIVIDEND rate is quite clear. If the price of the stock drops, the dividend rate becomes even higher and the demand for shares increases. The increase in demand for shares drives up the price of the stock. The opposite is not true since the high dividend rate of SAN, while the 10-yr treasury interest rate is around 2%, would remain attractive even if the price rose

      Sentiment: Strong Buy

      • 1 Reply to isaac_dj
      • It doesn't seem that the rise in the dividend from falling prices increases demand. I have shares in some very high dividend foreign companies- NZT, TEO, COSWF, and SAN. The dividends are wonderful. I basically get a positive annual return whether the shares of the company go up or down. But it doesn't seem to create an increased demand for the shares of the company so that the price will increase that much. I think its consistent dividend growth that seems to increase demand and therefore the price, as well as obviously increased earnings per share. Obviously it is the perceived political risks for the company as well. SAN should change its ZIP to Delaware!

    • down to close to $7.00 in Monday's sell-off

 

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