BMA Banco Macro S.A. — dividend yield, history & ex-dividend dates
Banco Macro S.A. operates as a leading financial services institution in Argentina, providing a broad spectrum of banking products and solutions to both individual consumers and corporate entities nationwide. For its retail customers, the bank offers essential services such as current and savings accounts, along with term deposit options. It also supplies a range of credit and debit cards, various loan products including personal, consumer finance, mortgage, and auto loans, as well as overdraft facilities. Additional services encompass credit-related support, home and vehicle insurance policies, convenient tax and utility bill payment methods, and money transfer capabilities, all accessible through its extensive network of ATMs. Retail offerings further extend to document discounting and pledged loan options. Corporate clients benefit from a specialized suite of services, including diverse deposit accounts, lending facilities such as working capital and investment project financing, guaranteed loans, and credit lines for international trade. The company also provides check cashing advances, factoring, leasing solutions, and comprehensive cash management services. Other offerings include trust administration, payroll services, financial agency support, corporate credit cards, and other tailored products. Furthermore, the bank facilitates transactional needs through cash management, collection services, supplier payment processing, foreign exchange transactions, and foreign trade support, augmented by information services like Datanet and Interpymes. Short-term and medium-to-long-term corporate financing are also available. Both retail and corporate segments are supported by the bank's digital channels, offering internet and mobile banking services. As of December 31, 2021, Banco Macro maintained a significant physical presence throughout Argentina, operating 466 branches, 1,779 automated teller machines, and 955 self-service terminals, alongside various other customer touchpoints. The institution was founded in 1966 and is headquartered in Buenos Aires, Argentina.
Dividend Snapshot
Key Metrics
Current Yield
7.86%
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$6.1147
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
M Monthly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
46.7
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
43
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$39.27 – $104.70
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
93.41%
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.Years Paying
20
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book
1.60
Price-to-book ratio: share price divided by book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
BMA's dividend yield rose from 6.57% to 7.86% over the past ~90 days (+1.29 pp). Of that move, -0.31 pp came from changes in the dividend rate and +1.60 pp from the share price ($96.77 → $77.82). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 335 daily observations over the past 16 months, BMA's current yield is higher than approximately 86% of them. Our stored price history for BMA covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.5096 M | Regular | Jun 10, 2026 | Jul 06, 2026 | Jul 06, 2026 | Jul 14, 2026 |
| $0.5296 M | Regular | May 21, 2026 | Jun 02, 2026 | Jun 02, 2026 | Jun 10, 2026 |
| $0.5451 M | Regular | May 07, 2026 | May 18, 2026 | May 18, 2026 | May 29, 2026 |
| $0.4074 M | Regular | Apr 10, 2026 | Apr 20, 2026 | Apr 20, 2026 | Apr 27, 2026 |
| $0.4007 M | Regular | Mar 10, 2026 | Mar 20, 2026 | Mar 20, 2026 | Mar 27, 2026 |
| $0.3822 M | Regular | Feb 09, 2026 | Feb 19, 2026 | Feb 19, 2026 | Feb 26, 2026 |
| $0.3557 M | Regular | - | Jan 22, 2026 | Jan 22, 2026 | Jan 29, 2026 |
| $0.3585 M | Regular | Dec 05, 2025 | Dec 16, 2025 | Dec 16, 2025 | Dec 23, 2025 |
| $0.3486 M | Regular | Nov 07, 2025 | Nov 17, 2025 | Nov 17, 2025 | Nov 24, 2025 |
| $0.3051 M | Regular | Oct 08, 2025 | Oct 20, 2025 | Oct 20, 2025 | Oct 27, 2025 |
| $0.3665 M | Regular | Sep 09, 2025 | Sep 19, 2025 | Sep 19, 2025 | Sep 26, 2025 |
| $0.3658 M | Regular | Aug 05, 2025 | Aug 15, 2025 | Aug 15, 2025 | Aug 22, 2025 |
| $0.3985 A | Regular | Jul 08, 2025 | Jul 18, 2025 | Jul 18, 2025 | Jul 25, 2025 |
| $1.7976 S | Regular | Aug 06, 2024 | Aug 16, 2024 | Aug 16, 2024 | Aug 23, 2024 |
| $1.7446 S | Regular | Jul 12, 2024 | Jul 22, 2024 | Jul 22, 2024 | Jul 29, 2024 |
| $1.7618 S | Regular | Jun 05, 2024 | Jun 17, 2024 | Jun 17, 2024 | Jun 24, 2024 |
| $0.5958 Q | Regular | Dec 28, 2023 | Jan 05, 2024 | Jan 08, 2024 | Jan 16, 2024 |
| $0.4262 M | Regular | Sep 11, 2023 | Sep 20, 2023 | Sep 21, 2023 | Sep 28, 2023 |
| $0.4504 W | Regular | Aug 08, 2023 | Aug 17, 2023 | Aug 18, 2023 | Aug 25, 2023 |
| $0.4520 W | Regular | Jul 28, 2023 | Aug 04, 2023 | Aug 07, 2023 | Aug 14, 2023 |
| $0.9009 M | Regular | Jul 07, 2023 | Jul 19, 2023 | Jul 20, 2023 | Jul 25, 2023 |
| $0.4455 S | Regular | Jul 07, 2023 | Jul 17, 2023 | Jul 18, 2023 | Jul 24, 2023 |
| $0.0787 M | Regular | Dec 19, 2022 | Dec 23, 2022 | Dec 27, 2022 | Jan 04, 2023 |
| $0.0790 M | Regular | Oct 20, 2022 | Nov 23, 2022 | Nov 25, 2022 | Dec 02, 2022 |
| $0.0789 I | Regular | Oct 17, 2022 | Oct 21, 2022 | Oct 24, 2022 | Oct 31, 2022 |
| $0.0850 S | Regular | Sep 16, 2022 | Sep 23, 2022 | Sep 26, 2022 | Oct 03, 2022 |
| $0.0820 M | Regular | Aug 08, 2022 | Aug 18, 2022 | Aug 19, 2022 | Aug 26, 2022 |
| $0.0812 A | Regular | Jul 18, 2022 | Jul 22, 2022 | Jul 25, 2022 | Aug 01, 2022 |
| $0.7172 I | Regular | May 26, 2022 | Jun 03, 2022 | Jun 06, 2022 | Jun 30, 2022 |
| $2.2020 I | Regular | May 03, 2019 | May 10, 2019 | May 13, 2019 | May 21, 2019 |
| $2.2345 A | Regular | May 03, 2018 | May 11, 2018 | May 14, 2018 | May 22, 2018 |
| $0.0020 W | Regular | Jun 14, 2017 | Jun 14, 2017 | Jun 16, 2017 | Jun 23, 2017 |
| $0.7532 A | Regular | Jun 01, 2017 | Jun 08, 2017 | Jun 12, 2017 | Jun 20, 2017 |
| $0.7488 I | Regular | Aug 03, 2016 | Aug 12, 2016 | Aug 16, 2016 | Aug 24, 2016 |
| $0.2604 I | Regular | - | Mar 23, 2016 | Mar 28, 2016 | Apr 05, 2016 |
| $1.2532 I | Regular | - | Jun 26, 2014 | Jun 30, 2014 | Jul 08, 2014 |
| $2.0840 A | Regular | - | May 06, 2011 | - | May 18, 2011 |
| $0.8900 S | Regular | - | Jun 11, 2010 | - | Jun 23, 2010 |
| $0.6500 S | Regular | - | Sep 10, 2009 | - | Sep 22, 2009 |
| $0.7850 A | Regular | - | May 14, 2008 | - | May 28, 2008 |
| $0.4870 A | Regular | - | May 21, 2007 | - | - |
| $0.3120 A | Regular | - | May 17, 2006 | - | - |
Peer Comparison
Selected Banks - Regional dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| KFFB | Kentucky First Federal Bancorp | 3.53% | 0.0% | 0 yrs | 81 |
| ASB | Associated Banc-Corp | 3.20% | 5.3% | 14 yrs | 79 |
| FFBC | First Financial Bancorp. | 3.20% | 1.3% | 2 yrs | 78 |
| BBAR | Banco BBVA Argentina S.A. | 5.64% | -5.9% | 0 yrs | 76 |
Related Guides & Lists
BMA dividend — frequently asked questions
Does Banco Macro S.A. pay a dividend?
Yes. Banco Macro S.A. (BMA) currently pays a dividend. The annualized dividend is about $6.11 per share, a yield of approximately 7.86%.
What is Banco Macro S.A.'s dividend yield?
Banco Macro S.A.'s dividend yield is approximately 7.86%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Banco Macro S.A. pay dividends?
Banco Macro S.A. pays dividends monthly — 12 times per year.
How long has Banco Macro S.A. paid dividends?
Banco Macro S.A. has 20 years of dividend payments on record.
Data updated Sep 13, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.