Business Context and Reporting Period
Company: Macro Bank Inc. (Banco Macro S.A.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: July 13, 2022
Context: This filing announces the payment of a cash dividend (Installment #8) to shareholders, authorized by the Board of Directors on July 13, 2022, and approved by the Central Bank of the Republic of Argentina.
Key Financial Metrics
The filing focuses on dividend distribution rather than operational performance metrics. Specific data points include:
- Total Dividend Amount: AR $1,645,953,695.31
- Dividend Per Share: AR $2.5741619971
- Dividend Yield on Capital Stock: 257.42% (based on capital stock of AR $639,413,408)
- Record Date: August 1, 2022
- Payment Date: On or after August 2, 2022
- Tax Withholding: Subject to 7% withholding under Argentine Income Tax Law
Note: The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
This filing does not report material changes in operational performance or financial position compared to prior periods. It solely communicates the execution of a previously authorized dividend payment plan.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors has resolved to proceed with Installment #8 of the dividend plan as authorized by the Central Bank and previous shareholder meetings (April 30, 2020, and October 21, 2020).
Risks and Contingencies:
- Taxation: The net amount received by shareholders is subject to a 7% tax withholding.
- Logistics: Payment is available at Caja de Valores S.A. in Capital Federal during specific business hours.
Note: The filing text does not provide clear values for future guidance, outlook, or unusual items beyond the dividend payment.
Key Facts for Investor Verification
- Verify shareholder status on the record date of August 1, 2022, to ensure eligibility for the dividend.
- Confirm the net payout amount after the mandatory 7% Argentine income tax withholding.
- Check the availability of funds at Caja de Valores S.A. starting August 2, 2022.
- Review the total capital stock figure (AR $639,413,408) to understand the 257.42% dividend ratio.