Business Context and Reporting Period
Company: Macro Bank Inc. (Banco Macro S.A.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: August 20, 2025
Context: Notification to shareholders regarding the payment of the third installment of a cash dividend approved by the General and Special Shareholders' Meeting on April 4, 2025, and authorized by the Central Bank of the Republic of Argentina.
Key Financial Metrics
- Total Dividend Amount: AR $35,185,719,535.63 (Total aggregate amount for the full distribution).
- Installment Details: This filing covers Installment No. 3 of 10 equal monthly installments.
- Dividend Per Share: AR $55.0281228003 per share (representing the total annual distribution).
- Capital Stock: AR $639,413,408.
- Dividend Yield on Capital: 5,502.8122%.
- Withholding Tax: Subject to a 7% withholding under Section 97 of the Income Tax Law.
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the reporting period.
Material Changes
The filing does not report material changes in financial performance or operations compared to prior periods. It solely announces the scheduled execution of a dividend payment plan authorized in April 2025.
Guidance, Outlook, and Management Commentary
- Payment Schedule: The dividend is being paid in 10 equal and consecutive monthly installments expressed in constant currency.
- Availability Date: August 28, 2025.
- Record Date: August 27, 2025.
- Payment Location: Caja de Valores S.A., Buenos Aires (Mondays to Fridays, 10 AM to 3 PM).
- ADR Holders: American Depositary Receipt holders will receive dividends through The Bank of New York Mellon as the depositary agent.
Investor Verification Checklist
- Verify the record date (August 27, 2025) to confirm eligibility for this installment.
- Confirm the 7% withholding tax implication on the gross dividend amount.
- Check the specific payment instructions for ADR holders via The Bank of New York Mellon.
- Validate the total annual dividend amount (AR $35.19 billion) against the company's total capital stock to understand the payout ratio.