{"id":740096,"date":"2023-03-14T17:12:37","date_gmt":"2023-03-14T21:12:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\/"},"modified":"2023-03-14T17:12:37","modified_gmt":"2023-03-14T21:12:37","slug":"banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\/","title":{"rendered":"Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders"},"content":{"rendered":"<h2>\nUsing today\u2019s closing price, this dividend if approved by shareholders, is equivalent to a dividend yield of 7.3%.<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">SANTIAGO, Chile, March  14, 2023  (GLOBE NEWSWIRE) &#8212; Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) informs that in the Board session held today, the Board of Directors agreed to summon an Ordinary Shareholders&#8217; Meeting, to be held remotely on Wednesday, April 19, 2023. Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.57469221 per share, corresponding to 60% of net income attributable to shareholders. Likewise, the remaining 40% of net income attributable to shareholders will be destined to increase the Bank&#8217;s reserves and\/or accumulated profits of the Bank.<\/p>\n<p>\n        <em>Banco Santander Chile is the largest bank in the Chilean market in terms of loans and assets. As of December 31, 2022, the Bank had total assets of US$ 79.7 billion, loans net of provisions of US$ 37.7 billion, deposits of US$ 27.1 billion, and total equity of US$ 4.8 billion. The BIS capital ratio as of December 31, 2022 was 17.45%, with a core capital ratio of 11.1%. Banco Santander Chile is one of the companies with the highest risk classifications in Latin America with an A2 rating from Moody&#8217;s, A- from Standard and Poor&#8217;s, A+ from Japan Credit Rating Agency, AA- from HR Ratings, and A from KBRA.<\/em><br \/>\n        \n      <\/p>\n<p>\n        <strong>CONTACT INFORMATION<\/strong><br \/>\n        <br \/>Robert Moreno<br \/>Investor Relations<br \/>Banco Santander Chile<br \/>Bandera 140, Floor 20<br \/>Santiago, Chile<br \/>Tel: (562) 2320-8284<br \/>Email:\u00a0<a href=\"mailto:irelations@santander.cl\" rel=\"nofollow noopener\" target=\"_blank\">irelations@santander.cl<\/a><br \/>Website:\u00a0<a href=\"http:\/\/www.santander.cl\/\" rel=\"nofollow noopener\" target=\"_blank\">www.santander.cl<\/a><\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc4ODQwMSM1NDYyMTIwIzIwMDk4OTg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MTY3MzkxMDAtNmIxYy00NDkxLWJlOGYtOGM4ZTkzNWRiZWJmLTEwMjE0NzE=\/tiny\/Banco-Santander-Chile.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Using today\u2019s closing price, this dividend if approved by shareholders, is equivalent to a dividend yield of 7.3%. SANTIAGO, Chile, March 14, 2023 (GLOBE NEWSWIRE) &#8212; Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) informs that in the Board session held today, the Board of Directors agreed to summon an Ordinary Shareholders&#8217; Meeting, to be held remotely on Wednesday, April 19, 2023. Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.57469221 per share, corresponding to 60% of net income attributable to shareholders. Likewise, the remaining 40% of net income attributable to shareholders will be destined to increase the Bank&#8217;s reserves and\/or accumulated profits of the Bank. Banco Santander Chile is the largest &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-740096","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Using today\u2019s closing price, this dividend if approved by shareholders, is equivalent to a dividend yield of 7.3%. SANTIAGO, Chile, March 14, 2023 (GLOBE NEWSWIRE) &#8212; Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) informs that in the Board session held today, the Board of Directors agreed to summon an Ordinary Shareholders&#8217; Meeting, to be held remotely on Wednesday, April 19, 2023. Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.57469221 per share, corresponding to 60% of net income attributable to shareholders. Likewise, the remaining 40% of net income attributable to shareholders will be destined to increase the Bank&#8217;s reserves and\/or accumulated profits of the Bank. Banco Santander Chile is the largest &hellip; Continue reading &quot;Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-14T21:12:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc4ODQwMSM1NDYyMTIwIzIwMDk4OTg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders\",\"datePublished\":\"2023-03-14T21:12:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\\\/\"},\"wordCount\":245,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODc4ODQwMSM1NDYyMTIwIzIwMDk4OTg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/banco-santander-chile-summons-annual-shareholders-meeting-and-proposes-a-dividend-of-60-of-2022-net-income-attributable-to-shareholders\\\/\",\"name\":\"Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders - 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SANTIAGO, Chile, March 14, 2023 (GLOBE NEWSWIRE) &#8212; Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) informs that in the Board session held today, the Board of Directors agreed to summon an Ordinary Shareholders&#8217; Meeting, to be held remotely on Wednesday, April 19, 2023. Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.57469221 per share, corresponding to 60% of net income attributable to shareholders. Likewise, the remaining 40% of net income attributable to shareholders will be destined to increase the Bank&#8217;s reserves and\/or accumulated profits of the Bank. 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