Santander, BBVA to Announce Record €3.8B Dividend Payout Late September

Spain's two largest banks, Santander and BBVA, are set to announce a record combined dividend of €3.8 billion in the last week of September, marking the first cash payout of their annual two-payment cycle. The payout signals strong capital generation and shareholder returns, likely supporting bank equities and reflecting broader European banking sector health.