Grupo Financiero Galicia (NASDAQ: GGAL) sets August dividend payment terms
Rhea-AI Filing Summary
Grupo Financiero Galicia S.A. approved total cash dividends of Ps. 39,999,772,000, to be paid in three equal installments of Ps. 13,333,257,333.33 each. The notice covers one installment, available to shareholders of record on August 3, 2026, beginning August 6, 2026, or as required by local regulations.
This installment equals Ps. 8.30084132575421 per share for shares with par value Ps. 1.00, representing 830.0841% of share capital as of that date. Payments are made via Caja de Valores S.A., with a 7% withholding tax and possible deductions for Personal Asset Tax; ADR holders are paid through Bank of New York Mellon.
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Key Figures
Total cash dividend approved: Ps. 39,999,772,000
Installment amount: Ps. 13,333,257,333.33
Dividend per share: Ps. 8.30084132575421 per share
+4 more
7 metrics
Total cash dividend approved
Ps. 39,999,772,000
Total dividend amount approved by the Board of Directors on June 30, 2026
Installment amount
Ps. 13,333,257,333.33
Amount of each of the three equal dividend installments
Dividend per share
Ps. 8.30084132575421 per share
Per-share cash dividend for shares with par value Ps. 1.00
Dividend as percentage of share capital
830.0841%
Dividend per share as a percentage of the Company’s share capital as of the record date
Withholding tax rate
7%
Income tax withholding applied to the dividend distribution under Argentine law
Record Date
August 3, 2026
Date by which shareholders must be registered to receive this dividend installment
Payment Date
August 6, 2026
Date from which this dividend installment will be made available to shareholders
Key Terms
Record Date, withholding tax, Personal Asset Tax, American Depositary Receipts, +1 more
5 terms
Record Date regulatory
"shareholders registered as of August 3, 2026 (the “Record Date”)"
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 tax regulatory
"the dividend distribution is subject to a 7% withholding tax"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
Personal Asset Tax regulatory
"any amount paid by the Company for the Personal Asset Tax"
American Depositary Receipts financial
"Holders of American Depositary Receipts (“ADRs”) will be paid"
A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.
Caja de Valores S.A. financial
"The payment of such dividends will be made through Caja de Valores S.A."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What total cash dividend has Grupo Financiero Galicia (GGAL) approved?
Grupo Financiero Galicia approved total cash dividends of Ps. 39,999,772,000, payable in three equal installments. Each installment is Ps. 13,333,257,333.33, following shareholder approval at the April 28, 2026 ordinary shareholders’ meeting and a June 30, 2026 Board decision.
When are the record date and payment date for GGAL’s upcoming dividend installment?
Shareholders must be registered by the Record Date of August 3, 2026 to receive this installment. The dividend becomes payable from the Payment Date of August 6, 2026, or on another date required by regulations in the markets where the shares are listed.
How will ADR holders of GGAL receive their dividend payments?
Holders of Grupo Financiero Galicia American Depositary Receipts (ADRs) will be paid through The Bank of New York Mellon, the ADR depositary. Payment timing depends on rules for converting the dividend portion into foreign currency and regulations where the ADRs are listed.
