DividendMay 6, 2026, 04:32 PM
Macro Bank to Pay AR$138.96B Cash Dividend in 3 Installments
AI Summary
Macro Bank Inc. announced the payment of a cash dividend totaling AR $138,956,468,470, following authorization from the Central Bank of the Republic of Argentina. The Board of Directors resolved to pay the dividend in three equal, non-cumulative monthly installments. The first installment of AR $49,033,753,984.66 is scheduled to be available on May 19, 2026, with subsequent payments in June and July.
Key Highlights
- Macro Bank Inc. will pay a total cash dividend of AR $138,956,468,470.
- The dividend will be distributed in three equal, non-cumulative monthly installments.
- The first installment of AR $49,033,753,984.66 is available on May 19, 2026.
- The second installment will be available on June 3, 2026.
- The third installment will be available on July 7, 2026.
- The first installment amounts to AR $76.6882980676 per share.
- The record date for the first installment is May 18, 2026.
- The dividend is subject to a 7% withholding tax under section 97 of the Income Tax Law.
Price Impact
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