Banco Macro Announces Significant Dividend Payment

Banco Macro SA (BMA) has released an update.

Banco Macro S.A. has announced the payment of the second installment of its substantial cash dividend, totaling AR $168,541,001,211.86, starting from June 26, 2024, with a record date of June 25, 2024. Shareholders have the option to redirect their dividends towards the subscription of ‘Bonds for the Reconstruction of a Free Argentina’ (BOPREALs), with certain tax withholdings applicable. The dividend distribution is in line with Argentine Central Bank regulations and subject to a 7% income tax withholding.

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