---
title: "Banco Santander Chile Sets Dividend and Revamps Board, Governance Rules After April 28 Shareholders’ Meetings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284749593.md"
description: "Banco Santander Chile held its Ordinary Shareholders’ Meeting on April 28, 2026, where a new independent board was elected, with Rodrigo Vergara Montes as chairman. A dividend of CLP 3.353346317 per share from 2025 profits was approved, payable from May 6, 2026. Amendments to the bank’s bylaws were also approved to enhance governance, including gender parity requirements. Analysts rate BSAC stock as a Buy with a $40.00 price target, though Spark's AI Analyst gives it a Neutral score due to mixed fundamentals and risks."
datetime: "2026-04-30T10:39:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284749593.md)
  - [en](https://longbridge.com/en/news/284749593.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284749593.md)
---

# Banco Santander Chile Sets Dividend and Revamps Board, Governance Rules After April 28 Shareholders’ Meetings

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Banco Santander Chile ( (BSAC) ) just unveiled an announcement.

Banco Santander-Chile held its Ordinary Shareholders’ Meeting on April 28, 2026, where shareholders elected a largely independent board, naming Rodrigo Vergara Montes as chairman and Félix de Vicente Mingo as vice chairman. The meeting also approved a dividend of CLP 3.353346317 per share from 2025 profits, payable from May 6, 2026, to shareholders of record as of midnight on April 29, 2026.

On the same day, an Extraordinary Shareholders’ Meeting approved amendments to the bank’s bylaws to incorporate gender parity requirements for the board, eliminate the second vice-presidency, and introduce other formal updates to align with current regulations. These decisions reinforce Santander Chile’s governance framework, signal a commitment to diversity at board level, and clarify leadership structure for investors and other stakeholders.

The most recent analyst rating on (BSAC) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.

**Spark’s Take on BSAC Stock**

According to Spark, TipRanks’ AI Analyst, BSAC is a Neutral.

The score is primarily constrained by mixed fundamentals (volatile revenue, leverage risk, and inconsistent cash-flow conversion) and weak technical momentum. These are partially offset by reasonable valuation (P/E and dividend yield) and a positive earnings-call outlook featuring strong profitability/efficiency and steady 2026 guidance, albeit with credit and regulatory risks.

To see Spark’s full report on BSAC stock, click here.

**More about Banco Santander Chile**

Banco Santander-Chile is a leading Chilean commercial bank that offers a broad range of retail and corporate banking services, including deposits, loans, payment services, and investment products. The bank operates through a nationwide branch network and digital channels, serving individuals, SMEs, and large corporations across Chile’s metropolitan area and regional markets.

**Average Trading Volume:** 407,511

**Technical Sentiment Signal:** Buy

**Current Market Cap:** $15.41B

For a thorough assessment of BSAC stock, go to TipRanks’ Stock Analysis page.

### Related Stocks

- [BSAC.US](https://longbridge.com/en/quote/BSAC.US.md)

## Related News & Research

- [Banco Santander Chile Issues BF Series Bonds in Local Market on May 20, 2026](https://longbridge.com/en/news/287114462.md)
- [Banco Santander Chile Posts Solid Q1 2026 Results With Strong Loan Book and Profitability](https://longbridge.com/en/news/282610810.md)
- [GE Vernova Declares Third Quarter 2026 Dividend | GEV Stock News](https://longbridge.com/en/news/286966387.md)
- [Banco Santander-Chile Places CLP 16.2 Billion Local Bond Issue at 6.10%](https://longbridge.com/en/news/286810787.md)
- [Zoetis declares $0.53 quarterly dividend for Q3 2026](https://longbridge.com/en/news/287113216.md)