STOCK TITAN

Macro Bank (NYSE: BMA) sets three-part AR$49B dividend payout schedule

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Macro Bank Inc., through Banco Macro S.A., announces a large cash dividend of AR $138,956,468,470, which in constant currency as of February 28, 2026 is AR $147,101,261,954. The dividend will be paid in three equal monthly instalments of AR $49,033,753,984.66 each.

Instalment No. 1 equals AR $76.6882980676 per share, representing 7,668.8298% of the outstanding capital stock of AR $639,390,301, and will be available on May 19, 2026 to shareholders of record on May 18, 2026. The dividend is subject to a 7% withholding under section 97 of the Income Tax Law, and ADR holders will receive payment via The Bank of New York Mellon under the depositary agreement.

Positive

  • None.

Negative

  • None.

Insights

Macro Bank announces a very large, highly structured cash dividend.

The filing shows Banco Macro S.A. distributing a substantial cash dividend of AR $138,956,468,470, restated to AR $147,101,261,954 in constant currency as of February 28, 2026. Payment is split into three equal monthly instalments of AR $49,033,753,984.66.

The first instalment equals AR $76.6882980676 per share, described as 7,668.8298% of stated capital stock of AR $639,390,301, highlighting how inflation has eroded nominal capital in Argentina. A 7% withholding tax applies, which reduces shareholders’ net receipts but does not change the gross distribution.

Key practical dates include the record date on May 18, 2026 and availability of the first payment on May 19, 2026. Holders of ADRs will receive their entitlement through The Bank of New York Mellon, so subsequent disclosures from the depositary may detail timing and any additional jurisdiction-specific costs.

Total dividend (nominal) AR $138,956,468,470 Authorized dividend amount
Total dividend (constant currency) AR $147,101,261,954 Expressed in constant currency as of February 28, 2026
Each instalment amount AR $49,033,753,984.66 Three equal monthly cash instalments
Dividend per share (instalment 1) AR $76.6882980676 per share Cash dividend for instalment No. 1
Percentage of capital stock 7,668.8298% Of outstanding capital stock of AR $639,390,301
Capital stock AR $639,390,301 Outstanding capital stock referenced for percentage
Withholding tax rate 7% Applied under section 97 of the Income Tax Law
Record and payment dates (instalment 1) Record: May 18, 2026; Payment: May 19, 2026 Timing for first cash dividend instalment
cash dividend financial
"resolved the payment of a cash dividend in 3 monthly, equal and non-cumulative instalments"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
record date financial
"Available as of 05/19/2026 Record date: 05/18/2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
withholding financial
"such amount is subject to a 7% withholding under section 97 of the Income Tax Law"
Income Tax Law regulatory
"subject to a 7% withholding under section 97 of the Income Tax Law as revised in 2019"
Income tax law is the set of government rules that determine how earnings—such as wages, business profits and investment returns—are measured and taxed. For investors, it matters because these rules change how much money companies and individuals keep after taxes, affecting corporate cash flow, dividend payouts, valuation and the real return on investments; think of it as the tolls a road system charges on every dollar earned.
American Depositary Receipts (ADRs) financial
"Shareholders holding American Depositary Receipts (ADRs) shall receive the relevant dividend"
American depositary receipts (ADRs) are certificates issued by a U.S. bank that represent ownership of shares in a foreign company, letting those shares trade on U.S. exchanges in U.S. dollars. Think of an ADR as a U.S. receipt for a foreign stock: it makes buying and selling simpler and subjects the investment to familiar U.S. trading rules, which matters to investors because it improves access and liquidity while still carrying risks like currency moves and different dividend handling.
depositary agreement financial
"shall receive the relevant dividend under the applicable depositary agreement through The Bank of New York Mellon"

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

May 6, 2026

 

 

 

Commission File Number: 001-32827

 

 

 

MACRO BANK INC.

(Translation of registrant’s name into English)

 

 

 

Av. Eduardo Madero 1182

Buenos Aires C1106ACY

Tel: 54 11 5222 6500

(Address of registrant’s principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes ¨ No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes ¨ No x

  

 

 

 

 

 

INDEX

 

Translation of a submission from Banco Macro to the CNV dated on May 6, 2026.

  

 

 

 

Autonomous City of Buenos Aires, May 6th 2026.

 

To

 

CNV/BYMA/A3Mercados

Re.: Relevant Event.

 

Dear Sirs,

 

In connection with the relevant event of last April 30th regarding the authorization by the Superintendency of Financial and Exchange Entities of the Central Bank of the Republic of Argentina for the payment of a dividend of AR $138,956,468,470, that expressed in constant currency as of February 28, 2026 amounts to AR $147,101,261,954, please be advised that on the date hereof the Board of Banco Macro S.A. resolved the payment of a cash dividend in 3 monthly, equal and non-cumulative instalments, according to the following preliminary schedule:

 

Instalment #  Available on (date)  Amount 
1   May 19, 2026  $49,033,753,984.66 
2  June 3,  2026  $49,033,753,984.66 
3  July 7, 2026  $49,033,753,984.66 

 

The relevant notice of payment shall include: i) the amount to be made available to the shareholders; ii) the amount per share; and iii) whether the dividend to be paid is subject to any kind of tax withholding.

 

Simultaneously with this notice, we publish the notice of payment of the first dividend instalment.

 

Sincerely,

 

 

 

 

Payment of Cash Dividend

 

We hereby inform to the Shareholders of Banco Macro S.A. that, pursuant to (i) the resolutions adopted by the General Shareholders’ Meeting held on April 8th 2026, (ii) Communique “A” 8410 authorizing the financial entities with authorization of the Central Bank of the Republic of Argentina to distribute dividends in 3 monthly, equal and non cumulative instalments, expressed in constant currency as of the date of the shareholders' meeting, (iii) the authorization by the Superintendency of Financial and Exchange Entities of the Central Bank of the Republic of Argentina obtained last April 30th, and (iv) the resolutions adopted by the Board of Directors at the meeting held on May 6th 2026, Banco Macro S.A. shall make available and pay to its shareholders instalment No. 1 of the cash dividend of AR $ 49,033,753,984.66, (i.e., AR $ 76.6882980676 per share representing 7,668.8298% of the outstanding capital stock of AR $639,390,301).

 

Available as of 05/19/2026

 

Record date: 05/18/2026

 

As to the aggregate amount of dividends Banco Macro S.A. shall distribute, please be advised that such amount is subject to a 7% withholding under section 97 of the Income Tax Law as revised in 2019.

 

Such cash dividend shall be made available as of the above stated date at Caja de Valores S.A. located in 25 de Mayo 362, Autonomous City of Buenos Aires, Mondays to Fridays from 10 AM to 3 PM.

 

Shareholders holding American Depositary Receipts (ADRs) shall receive the relevant dividend under the applicable depositary agreement through The Bank of New York Mellon, as depositary agent of such certificates’ underlying Class B Shares as of the relevant date under the rules applicable in the jurisdiction in which such ADRs of the Company are listed.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

 

Date: May 6, 2026 

 

  MACRO BANK INC.
     
  By: /s/ Jorge F. Scarinci
  Name: Jorge F. Scarinci
  Title: Chief Financial Officer

  

 

FAQ

What total cash dividend will Banco Macro (BMA) distribute?

Banco Macro S.A. will distribute a cash dividend of AR $138,956,468,470, which corresponds to AR $147,101,261,954 expressed in constant currency as of February 28, 2026. The amount is paid in three equal monthly instalments in Argentina.

How and when will Macro Bank (BMA) pay the dividend instalments?

Banco Macro S.A. will pay the dividend in three equal monthly cash instalments of AR $49,033,753,984.66 each. The preliminary schedule sets availability on May 19, 2026, June 3, 2026, and July 7, 2026, through Caja de Valores S.A. in Buenos Aires.

What is the dividend per share for Macro Bank (BMA) shareholders?

For instalment No. 1, Banco Macro S.A. set a dividend of AR $76.6882980676 per share. This amount represents 7,668.8298% of the stated outstanding capital stock of AR $639,390,301, illustrating the large size of the distribution relative to nominal capital.

What tax withholding applies to the Macro Bank (BMA) dividend?

The aggregate dividend Banco Macro S.A. will distribute is subject to a 7% withholding tax under section 97 of the Income Tax Law as revised in 2019. Shareholders receive the net amount after this statutory withholding is applied to their cash dividend.

What are the record date and payment date for Macro Bank (BMA) dividend instalment 1?

For instalment No. 1, Banco Macro S.A. set a record date of May 18, 2026. The dividend will be available for payment on May 19, 2026. Only shareholders of record on the record date are entitled to receive this payment instalment.

How will ADR holders of Macro Bank (BMA) receive the dividend?

Shareholders holding American Depositary Receipts (ADRs) will receive the dividend through The Bank of New York Mellon, acting as depositary. Payments follow the applicable depositary agreement and the rules in the jurisdiction where the Company’s ADRs are listed.