Banco Macro SA B ADR Dividends
The next dividend date for Banco Macro SA B ADR is July 18, 2025.
A dividend of $0.40 per share is scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Banco Macro SA B ADR (BMA)
More About Banco Macro SA B ADR
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, 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. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Owning Banco Macro SA B ADR Stock on the Dividend Date
If you own Banco Macro SA B ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Banco Macro SA B ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Banco Macro SA B ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Banco Macro SA B ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Banco Macro SA B ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Banco Macro SA B ADR Dividends
You can contact us any time if you would like to ask questions about Banco Macro SA B ADR dividends or anything else related to the stock market.