Banco Macro to Distribute Second ARS 49 Billion Dividend Installment in Early June
Banco Macro (BMA) announced it will distribute a second cash dividend installment of ARS 49.03 billion, equivalent to ARS 76.6882980676 per share, starting June 3, 2026. This dividend, approved by shareholders and authorized by Argentina's central bank, will be subject to a 7% withholding tax. Despite a "Hold" sentiment from TipRanks' AI Analyst Spark, the bank's stock currently has a "Buy" rating and an $85.00 price target from the most recent analyst, reflecting its strong capital position and return to shareholders.