SmarterDividends
BMA

Banco Macro (BMA) Dividend

Banco Macro S.A. · Financial Services · Banks - Regional · monthly payer

$57.76

Undervalued · +114% Add to Portfolio

As of Nov 8, 2026, Banco Macro (BMA) pays a monthly dividend, or $4.19 a year, a 7.25% yield at its $57.76 share price. It pays every month. It has a dividend safety grade of C.

Forward Yield

7.25%

Annual Dividend

$4.19

Payout Ratio

100%

5-Yr Growth

—

Ex-Date

Jul 6, 2026

Frequency

Monthly

Key facts about BMA's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Banco Macro S.A. (BMA) has a forward dividend yield of 7.25%, based on an annual dividend of $4.19 per share and a share price of $57.76.
  • As of Nov 8, 2026, BMA's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
  • BMA last cut its regular dividend in 2025.
  • BMA's most recent ex-dividend date was Jul 6, 2026, for a dividend of $0.53 per share.
  • As of Nov 8, 2026, BMA pays out 100% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for BMA is $123.65 per share, 114% above the $57.76 share price, so BMA screens as undervalued.
  • Banco Macro S.A. (BMA) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "BMA Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/BMA

Is BMA a good dividend stock?

Mixed

Banco Macro S.A. (BMA) pays a monthly dividend yielding 7.25% ($4.19/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • 335% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (100%)

Key Data

Dividend Yield
7.25%
Payout Ratio
100%
Annual Dividend
$4.19
5-Yr Avg Growth
—
Ex-Dividend Date
Jul 6, 2026
Years of Growth
0
Frequency
monthly
Beta
0.43
Market Cap
$3.7B
P/E Ratio
11.8
5-Yr Total Return
335%
52-Week Range
$56.10 – $106.15
Dividend Safety
C · 53/100
Ever Cut?
Yes (2025)

BMA dividend changes

Banco Macro S.A. (BMA) pays a variable dividend: across the 37 payments on record since 2006, 17 were higher than the one before and 8 lower. The latest change was down 2.8% to $0.530 per share, going ex-dividend on Jun 2, 2026.

Ex-dateChangeOld → newMove
Jun 2, 2026Lower$0.545 → $0.530−2.8%
May 18, 2026Higher$0.407 → $0.545+33.9%
Apr 20, 2026Higher$0.401 → $0.407+1.5%
Mar 20, 2026Higher$0.382 → $0.401+5.0%
Feb 19, 2026Higher$0.356 → $0.382+7.3%
Jan 22, 2026Lower$0.399 → $0.356−10.8%
Jul 18, 2025Lower$1.75 → $0.399−77.1%
Jun 17, 2024Higher$0.596 → $1.76+195.6%
Jan 5, 2024Higher$0.426 → $0.596+39.9%
Sep 20, 2023Lower$0.450 → $0.426−5.3%
Aug 4, 2023Higher$0.450 → $0.452+0.4%
Jul 19, 2023Higher$0.446 → $0.450+0.9%
Every BMA payment →Download every raise and cut (CSV)
BMA ex-dividend date & scheduleNext ex-date Jul 6, 2026 · full ex-dividend historyView →BMA dividend historyEvery payment, totals by year, raises and cutsView →BMA dividend calculator100 shares pay $419.00 a year, $34.92 each monthCalculate →BMA total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BMA a good dividend stock?

Mixed. Banco Macro S.A. (BMA) pays a monthly dividend yielding 7.25% ($4.19/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is BMA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BMA's fair value is about $123.65 versus a $57.76 share price — so it looks undervalued (+114% vs. fair value).

Is BMA's dividend safe?

BMA has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is BMA's fair value?

Our blended fair-value estimate for BMA is about $123.65 per share, roughly 114% above the current $57.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BMA a buy, hold, or sell?

We don't issue formal ratings, but on the data BMA screens as "mixed" and undervalued. Banco Macro S.A. (BMA) pays a monthly dividend yielding 7.25% ($4.19/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will BMA cut its dividend?

BMA earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BMA pay a dividend?

Yes. Banco Macro S.A. pays a monthly dividend of about $4.19 per share annually, a forward yield of roughly 7.25%.

How much dividend does 100 shares of BMA pay?

At $4.19 per share a year, 100 shares of BMA pay $419.00 a year in dividends before tax, about $34.92 each month. Buying them costs about $5,776 at the Nov 8, 2026 price.

What is BMA's dividend yield?

As of Nov 8, 2026, BMA's forward dividend yield is 7.25%, based on a $4.19 annual dividend and a $57.76 share price.

What is BMA's dividend per share?

As of Nov 8, 2026, BMA pays $4.19 per share per year, distributed on a monthly basis.

What is BMA's dividend payout ratio?

As of Nov 8, 2026, BMA's payout ratio is 100% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has BMA grown its dividend?

BMA does not currently have a long dividend-growth streak on record.

When is the next BMA ex-dividend date?

As of Nov 8, 2026, BMA's next ex-dividend date hasn't been announced. The most recent was Jul 6, 2026, for $0.53 per share.

Income Calculator

At $4.19 / yr per share

Per payment (monthly)$34.92
Annual$419.00
Monthly avg$34.92
Full BMA dividend calculator →

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