Banco Santander-Chile (BSAC) sets dividend and updates board, bylaws
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reports decisions from its April 28, 2026 shareholders’ meetings. The Ordinary Shareholders’ Meeting elected a new board, including independent directors such as Rodrigo Vergara Montes, who was later appointed Chairman, and Félix de Vicente Mingo, appointed Vice Chairman.
The meeting approved a dividend of $3.353346317 per share, charged to 2025 profits, to be paid starting May 6, 2026 to shareholders registered as of midnight on April 29, 2026. An Extraordinary Shareholders’ Meeting held the same day approved bylaw amendments on board gender parity, removal of the second vice-presidency, and other formal updates to align with current regulations.
Positive
- None.
Negative
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Key Figures
Dividend per share: $3.353346317 per share
Dividend availability date: May 6, 2026
Dividend record date: April 29, 2026
+1 more
4 metrics
Dividend per share
$3.353346317 per share
Charged against profits of fiscal year 2025
Dividend availability date
May 6, 2026
Date from which dividend can be collected
Dividend record date
April 29, 2026
Shareholders registered as of midnight are entitled
Ordinary Shareholders’ Meeting date
April 28, 2026
Meeting where directors were elected and dividend approved
Key Terms
Ordinary Shareholders' Meeting, Extraordinary Shareholders' Meeting, dividend, gender parity, +1 more
5 terms
dividend financial
"resolution adopted at the aforementioned Ordinary Shareholders' Meeting to distribute a dividend of $3.353346317 per share"
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
gender parity financial
"amending the bylaws regarding gender parity on the Board of Directors"
bylaws financial
"amending the bylaws regarding gender parity on the Board of Directors, eliminating the second vice-presidency"
Corporate bylaws are a company's internal rulebook that explains how the business is run day to day — who makes decisions, how directors and officers are chosen, how shareholder meetings are conducted, and procedures for changes or conflicts. For investors, bylaws matter because they shape governance and control, influence how quickly and easily leadership or strategy can change, and can protect or limit shareholder rights much like house rules affect how a household operates.
FAQ
What dividend did Banco Santander-Chile (BSAC) approve for fiscal year 2025?
Banco Santander-Chile approved a dividend of $3.353346317 per share from 2025 profits. The dividend will be available starting May 6, 2026 to shareholders recorded in the Shareholders’ Register as of midnight on April 29, 2026, at the bank’s head office and branches.
When will Banco Santander-Chile (BSAC) pay the newly approved dividend?
The dividend will be available to shareholders starting May 6, 2026. Eligible shareholders are those registered in Banco Santander-Chile’s Shareholders’ Register as of midnight on April 29, 2026, and can receive payment at the head office in Santiago or any branch in Chile.
Who will serve as Chairman and Vice Chairman of Banco Santander-Chile (BSAC)?
After the Ordinary Shareholders’ Meeting, the board appointed Rodrigo Vergara Montes as Chairman and Félix de Vicente Mingo as Vice Chairman. These appointments were made at a board meeting held on the same date as the shareholders’ meetings in April 2026.
Who is entitled to receive Banco Santander-Chile (BSAC)’s 2025 dividend?
Shareholders registered in the Shareholders’ Register of Banco Santander-Chile as of midnight on April 29, 2026 are entitled to the dividend. These shareholders may collect the $3.353346317 per share dividend from May 6, 2026 at the bank’s head office or branches.
