Macro Bank Inc. Board Approves ARS 147.1 Billion Cash Dividend Payment Schedule
BMA has more than doubled off its 52-week low of $38.3.
Summary
Macro Bank Inc. announced its Board of Directors has approved the payment schedule for a previously authorized cash dividend totaling ARS 147.1 billion, to be distributed in three monthly installments.
Key Events · Financing and Capital Events · BMA
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Significant Cash Dividend Approved
The Board resolved to pay a cash dividend totaling ARS 147,101,261,954, following authorization from the Central Bank of Argentina.
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Payment Schedule Detailed
The dividend will be distributed in three equal monthly installments, with the first payment scheduled for May 19, 2026.
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Per Share Amount Confirmed
The first installment will amount to ARS 76.6882980676 per share.
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Tax Withholding Applicable
The cash dividend is subject to a 7% withholding under Argentine Income Tax Law.
Analysis · BMA · Finance
This filing provides crucial details regarding the distribution of a substantial cash dividend, following its authorization by the Central Bank of Argentina. The approval of the payment schedule and the specific per-share amounts offer clarity to investors on the timing and value of this capital return. This significant dividend signals strong financial health and a commitment to shareholder returns. Investors should note the installment structure and the applicable tax withholding.
At the time of this filing, BMA was trading at $76.97 on NYSE in the Finance sector, with a market capitalization of approximately $4.8B. The 52-week trading range was $38.30 to $106.15. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.