Article: Banco Santander Puerto Rico Declares Cash Dividend.

SAN JUAN, Puerto Rico, Feb. 24 /PRNewswire/ --

The following was issued today by Banco Santander Puerto Rico:

San Juan, Puerto Rico -- Feb. 22 -- The Board of Directors of Banco Santander Puerto Rico (NYSE: SBP; LATIBEX: XSBP), the second largest financial institution on the island, declared on February 18, 2000, a cash dividend of $0.11 per common share. The dividend will be paid on April 3rd, 2000 to shareholders of record as of February 29, 2000.

Commenting on this dividend payment, Juan Arenado, President and Chief Executive Officer of Banco Santander Puerto Rico stated, "This cash dividend is another reflection of our commitment to create ...

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