Banco Santander-Chile’s U.S.-listed ADRs are higher as the market focuses on imminent shareholder and dividend catalysts. The bank called an Ordinary Shareholders’ Meeting for April 28, 2026, where it will present 2025 financial statements and propose a dividend of CLP 3.353346317 per share—stated as 60% of 2025 profits—with the remaining 40% to be allocated to reserves/accumulated profits if approved. (stocktitan.net)

Beyond the meeting itself, dividend trackers are highlighting a late-April ex-dividend setup for the ADR, which can drive short-term demand as investors try to qualify for the payout. Market calendars flag an April 30, 2026 ex-dividend date and indicate the next ADR dividend was announced at about $1.52 per share, aligning with the cash-return narrative into month-end. (marketchameleon.com)

The April 28 agenda also includes a board election and governance items, and the bank disclosed a leadership transition at the board level. The filing notes the resignation of Chairman Claudio Melandri Hinojosa and the appointment of Rodrigo Vergara Montes as chairman effective immediately, with the vacated director seat to be filled at the coming board election. (stocktitan.net)

Traders will be watching whether shareholders approve the proposed profit allocation and the timing of any dividend payment mechanics following the meeting, as well as any additional color that emerges around capital management. Separately, the ADR also has a confirmed upcoming earnings date on April 30, 2026 (before market open), which can amplify positioning and volatility around the same week as the dividend catalysts. (stockanalysis.com)