Banco Macro (NYSE: BMA) sets AR$49B dividend and key payment dates
Rhea-AI Filing Summary
Banco Macro S.A., through Macro Bank Inc., announced that it will pay instalment No. 3 of a cash dividend totaling AR$ 49,033,753,984.66, equal to AR$ 76.6882980676 per share. The dividend represents 7,668.8298% of the outstanding capital stock of AR$ 639,390,301.
The dividend will be available for shareholders as of July 7, 2026, with a record date of July 6, 2026. Payments in Argentina will be made through Caja de Valores S.A., while holders of American Depositary Receipts will receive the dividend via The Bank of New York Mellon under the applicable depositary agreement. The aggregate dividend amount is subject to a 7% withholding under section 97 of the 2019 Income Tax Law.
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Insights
Banco Macro confirms a large cash dividend instalment with defined dates and tax treatment.
Banco Macro S.A. is distributing instalment No. 3 of a cash dividend of AR$ 49,033,753,984.66, equal to AR$ 76.6882980676 per share. The distribution follows prior shareholder and regulatory approvals, including Central Bank authorization.
The payment applies to shareholders of record on July 6, 2026, with funds available from July 7, 2026. A 7% withholding under section 97 of the Income Tax Law reduces the net amount to investors, which is relevant for after-tax yield, particularly for local holders.
ADR investors in international markets receive the distribution through The Bank of New York Mellon, which may involve additional local market practices and timing. Future disclosures in company filings may specify any further dividend instalments or changes in payout levels.