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Santander Holdings USA Declares Quarterly Dividend On Preferred Stock

BOSTON, April 14, 2014 /PRNewswire/ -- Santander Holdings USA, Inc. (SHUSA), parent company of Santander Bank, N.A., 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 May 15, 2014 to holders of record on May 1, 2014 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock (NYSE: SOVPRC).

Cautionary Statement Regarding Forward-Looking Information Statements in this press release regarding SHUSA'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" and "Risk Factors" in the Company's Annual Report on Form 10-K for the most recently ended fiscal year and Quarterly Report on Form 10-Q for the most recently ended fiscal quarter.

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.

About Santander Holdings USA

Santander Holdings USA, Inc. (SHUSA) is a wholly-owned subsidiary of Banco Santander (NYSE: SAN). Santander is a diversified global retail and commercial bank offering a wide range of financial products and has over 102 million customers worldwide. SHUSA is the Bank's U.S. holding company which includes Santander Bank, N.A., a retail and commercial bank operating 706 branches across nine states in the northeastern United States, and Santander Consumer USA Inc., a vehicle finance and unsecured consumer lending company. For more information about Santander Bank, visit www.santanderbank.com. For more information about Santander Consumer USA Inc., visit www.santanderconsumerusa.com.

FINANCIAL CONTACTS: Juan Carlos Alvarez 617.757.3520 jalvare1@santander.us

Andrew Withers 617.757.3524 awithers@santander.us

MEDIA CONTACT: Mary Ellen Higgins 617.346.7431 mhiggins@santander.us

SOURCE Santander Holdings USA, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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