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BMA Banco Macro S.A. — dividend yield, history & ex-dividend dates

NYSE· Monthly dividend· Common Stock· ADR · Financial Services / Banks - Regional

$60.21 ▼ $-1.53(-2.48%) as of Oct 29, 2026 06:20 UTC
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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

StatusReduced
Last Dividend$0.5096Paid Jul 14, 2026
Forward Annual$6.11From the $0.5096 dividend declared Jun 10, 2026
FrequencyMonthly
Last Ex-DateJul 06, 2026The most recent ex-dividend date that has already passed.

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

53/100

Mixed indicators

Complete data

Dividend Growth Score

Not Rated

required input missing: 5-year dividend growth or increase streak

Dividend Value Score

Not Rated

only 45% of the inputs available (60% needed)

DividendRank

51/100

Middle of the scale

Partial data

How the Dividend Safety Score is built for BMA
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Dividend record0 years of uninterrupted regular payments; suspension Aug 5, 2026, within 3 years: capped at 10 10 25%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 15%
Earnings payout ratioEarnings payout ratio 85% (TTM to Jun 30, 2026) 20 30%
Equity / assetsEquity / assets 24.4% (balance sheet Jun 30, 2026) 100 20%
Return on assetsReturn on assets 2.20% (TTM to Jun 30, 2026; average total assets) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: bank. Formula version 2026-10-19.4.

Key Metrics

Current Yield

10.16%

At the Oct 29, 2026 price

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

Declared Jun 10, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

M Monthly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

33

As of Oct 29, 2026

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

$57.48 – $104.70

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (FY2025)

93.41%

Fiscal year to Dec 31, 2025

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

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 (FY2025)

1.60

At fiscal year-end, Dec 31, 2025

Price-to-book ratio: the share price on the date shown divided by the latest reported 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

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 53/100, yield 10.16%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
The record shows a gap in the regular dividend of more than 1.5 times its usual interval (a payment was due around August 2026).
E Enduring
20 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume488,901Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$62.15Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$62.15 – $66.11Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$62.95Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$3.85BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out63.94MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (FY2025)ARS 5,274.75Fiscal year to Dec 31, 2025; reported in ARSEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (FY2025)24.8At fiscal year-end, Dec 31, 2025Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateJul 06, 2026Paid Jul 14, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Why the Yield Moved (90 Days)

BMA's dividend yield rose from 6.59% to 10.16% over the past ~90 days (+3.56 pp). Of that move, +0.00 pp came from changes in the dividend rate and +3.56 pp from the share price ($92.76 on Aug 03, 2026 → $60.21 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current10.16%
1-Yr Average6.52%
Low / High3.10% – 9.72%
Percentile100%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), BMA's current yield is higher than approximately 100% of them. Our stored price history for BMA covers the past 13 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 N/A 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 Special Jul 28, 2023 Aug 04, 2023 Aug 07, 2023 Aug 14, 2023
$0.9009 M Special 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 Special 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 N/A Mar 23, 2016 Mar 28, 2016 Apr 05, 2016
$1.2532 I Special N/A Jun 26, 2014 Jun 30, 2014 Jul 08, 2014
$2.0840 A Special N/A May 06, 2011 N/A May 18, 2011
$0.8900 S Regular N/A Jun 11, 2010 N/A Jun 23, 2010
$0.6500 S Regular N/A Sep 10, 2009 N/A Sep 22, 2009
$0.7850 A Regular N/A May 14, 2008 N/A May 28, 2008
$0.4870 A Regular N/A May 21, 2007 N/A N/A
$0.3120 A Regular N/A May 17, 2006 N/A N/A

Peer Comparison

Selected Banks - Regional dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
FCNCB First Citizens BancShares, Inc. 0.50% 36.6% 9 yrs 89
PB Prosperity Bancshares, Inc. 3.60% 4.6% 24 yrs 86
CBSH Commerce Bancshares, Inc. 2.00% 5.1% 35 yrs 85
NECB Northeast Community Bancorp, Inc. 3.49% 44.3% 2 yrs 84

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 10.16%.

What is Banco Macro S.A.'s dividend yield?

Banco Macro S.A.'s dividend yield is approximately 10.16%, 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 Oct 29, 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.