I’m looking to buy into STD and enroll in DRIP. The 5%+ dividend is attractive, and I believe the Spanish debt fears are overblown. I’d like to buy in under $10, but that’s asking for another 3% drop. I’d like to hold for at least a year and sell in the expected $14-$15 range. That is asking a lot, but this stock has above-average volatility.
Questions: -How will a strengthening US economy and US dollar affect this bank? -US banks are rumored to start increasing dividends as early as March. How will strengthening US banks affect Banco Santander? -A bond exodus appears imminent – will the rising tide of money flowing from bonds to stocks raise the boat of STD?
A= if your going (which I'm doing) then you better get at this low price it wo'nt go under the $10.00 as you hope (because I'll be buying it)!! the dividens are supper and this company just keeps buying!! Market share will rule$$$