Dividend and Growth from a Santander Banking Stock

SantanderSantander Consumer USA Holdings Inc. (NYSE: SC) is a consumer financial services business. It offers services including vehicle leasing, dealer loans, financial products for automotive and marine vehicles, and retail installment contracts. Headquartered in Dallas, Texas, the company has a reliable dividend stock and the potential to grow, with recent momentum behind it.

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Santander’s sales growth hit a five-year high in the 2020 fiscal year, as did operating income growth. The company finished the year with sales growth of 6.30% and operating income growth of 75.53%. Analysts have been impressed with the efficient fiscal management of the company, and the stock has now exceeded its average price target of $27.90. There’s room for it to climb even higher, with the top analyst estimate predicting a price of $35.00.

The potential upside is reason enough to consider this stock, although there’s another major benefit for new investors to consider. Santander Consumer USA pays a dividend of $0.22 for a yield of 3.19% at today’s price. For both income and stock price growth, it’s hard to find a more compelling pick today.

Key Data:

  • 1 Year Price Growth: 01%
  • YTD Price Growth: 34%
  • 3 Month Price Growth: 54%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

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