Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Banco Macro Dividend Announcement
• Banco Macro announced a quarterly dividend of $1.80 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-16
• Banco Macro annual dividend for 2024 was $5.90
• Banco Macro annual dividend for 2023 was $2.22
• Banco Macro's trailing twelve-month (TTM) dividend yield is 0.01%
• Banco Macro's payout ratio for the trailing twelve months (TTM) is 103.94%
Banco Macro Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-16 | $1.80 | quarterly | 2024-08-23 |
| 2024-07-22 | $1.74 | quarterly | 2024-07-29 |
| 2024-06-17 | $1.76 | quarterly | 2024-06-24 |
| 2024-01-05 | $0.60 | quarterly | 2024-01-16 |
| 2023-09-20 | $0.43 | quarterly | 2023-09-28 |
| 2023-08-17 | $0.45 | quarterly | 2023-08-25 |
| 2023-08-04 | $0.45 | quarterly | 2023-08-14 |
| 2023-07-19 | $0.45 | quarterly | 2023-07-24 |
| 2023-07-17 | $0.45 | quarterly | 2023-07-25 |
| 2022-12-23 | $0.08 | quarterly | 2023-01-04 |
| 2022-11-23 | $0.08 | quarterly | 2022-12-02 |
| 2022-10-21 | $0.09 | quarterly | 2022-10-31 |
| 2022-09-23 | $0.09 | quarterly | 2022-10-03 |
| 2022-08-18 | $0.08 | quarterly | 2022-08-26 |
| 2022-06-03 | $0.69 | quarterly | 2022-06-30 |
| 2019-05-10 | $2.20 | quarterly | 2019-05-21 |
| 2018-05-11 | $2.23 | quarterly | 2018-05-22 |
| 2017-06-14 | $0.00 | quarterly | 2017-06-23 |
| 2017-06-08 | $0.75 | quarterly | 2017-06-20 |
| 2016-08-12 | $0.74 | quarterly | 2016-08-24 |
| 2016-03-23 | $0.26 | quarterly | 2016-04-05 |
| 2014-06-26 | $1.25 | quarterly | 2014-07-08 |
| 2011-05-06 | $2.08 | quarterly | 2011-05-18 |
| 2010-06-11 | $0.89 | quarterly | 2010-06-23 |
| 2009-09-10 | $0.65 | quarterly | 2009-09-22 |
| 2008-05-14 | $0.79 | quarterly | 2008-05-28 |
Banco Macro Dividend per year
Banco Macro Dividend growth
Banco Macro Dividend Yield
Banco Macro current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing Banco Macro stock? Use our calculator to estimate your expected dividend yield:
Banco Macro Financial Ratios
P/E ratio113.33
PEG ratio0.02
P/B ratio9.29
ROE14.36%
Payout ratio103.94%
Current ratio0.65
Quick ratio0.28
Cash Ratio0.33
Banco Macro Dividend FAQ
How much is the next Banco Macro dividend?
Banco Macro's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Banco Macro dividend. The next Banco Macro dividend will be released in July, July, August, August, or September.
When is Banco Macro dividend paid?
Banco Macro pays dividends on a quarterly basis. The specific dates may vary each year but are generally around July, July, August, August, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Banco Macro pay?
The specific amount of Banco Macro dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Banco Macro's dividend history.
Does Banco Macro stock pay dividends?
Yes, Banco Macro does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Banco Macro's dividend history.
How much dividend does Banco Macro pay?
Banco Macro paid $5.9 in 2024, $2.22 in 2023, $1.1 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Banco Macro pay dividends?
Banco Macro typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around July, July, August, August, and September.
What is Banco Macro's dividend yield?
The current dividend yield for Banco Macro is 0.01%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Banco Macro's exact dividend yield.
When does Banco Macro go ex dividend?
Banco Macro's ex-dividend date for the latest dividend was on 2024-08-16. Banco Macro typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Banco Macro dividend paid?
Banco Macro pays dividends on a quarterly basis, typically around July, July, August, August, or September, but the exact dates can vary each year.
Will Banco Macro increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Banco Macro will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Banco Macro dividend per share?
Banco Macro paid $5.9 per share in 2024 and $2.22 per share in 2023. The amount of dividend per share that Banco Macro pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Banco Macro a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Banco Macro a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Banco Macro a dividend stock?
Yes, Banco Macro is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Banco Macro a good dividend stock?
Whether Banco Macro is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Banco Macro has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Banco Macro as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Banco Macro as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Banco Macro pay dividends monthly?
Banco Macro typically pays dividends on a quarterly basis.
Does Banco Macro pay dividends quarterly?
Banco Macro currently pays dividends on a quarterly basis.
Has Banco Macro ever paid a dividend?
Yes, Banco Macro has a history of paying dividends to its shareholders. Banco Macro is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Banco Macro dividend stocks?
To buy Banco Macro you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Banco Macro stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Banco Macro stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Banco Macro pay dividends 2024?
Banco Macro pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Banco Macro increase its dividend in 2024?
Decisions regarding Banco Macro dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Banco Macro dividend overview you can look into the above table of dividend history.
How Banco Macro dividend works?
The Banco Macro dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Banco Macro's dividend process works:
1. Determination of Dividend: Banco Macro's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Banco Macro publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Banco Macro distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Banco Macro are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Banco Macro's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Banco Macro publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Banco Macro distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Banco Macro are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Banco Macro dividends paid?
Banco Macro dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Banco Macro sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Banco Macro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Banco Macro declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Banco Macro sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Banco Macro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Banco Macro declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Banco Macro pay dividends?
Banco Macro typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Banco Macro pay dividends?
The general pattern is that Banco Macro pays dividends around July, July, August, August, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Banco Macro dividend safe?
The safety of Banco Macro's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Banco Macro's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Banco Macro's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Banco Macro's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Banco Macro's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.