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Banco Macro (Banco Macro) Forward Dividend Yield % : 6.03% (As of Apr. 25, 2024)


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What is Banco Macro Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Banco Macro is 6.03%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Banco Macro is 5.73%.

BMA's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.14 vs BMA: 6.03

Banco Macro's Dividends per Share for the three months ended in Sep. 2023 was $1.93.

During the past 12 months, Banco Macro's average Dividends Per Share Growth Rate was -80.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banco Macro was 88.60% per year. The lowest was 5.60% per year. And the median was 41.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Banco Macro's Forward Dividend Yield %

For the Banks - Regional subindustry, Banco Macro's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banco Macro's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Macro's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Banco Macro's Forward Dividend Yield % falls into.



Banco Macro Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Banco Macro Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5962024-01-052024-01-082024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.4262023-09-202023-09-212023-09-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-08-172023-08-182023-08-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.4522023-08-042023-08-072023-08-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.4502023-07-192023-07-202023-07-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.4462023-07-172023-07-182023-07-24Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Banco Macro's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.152/49.08
=14.57 %

Current Share Price is $49.08.
Banco Macro's Dividends per Share for the forward twelve months is calculated as $0.596 * 12 = $7.152.

Banco Macro's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.82/49.08
=5.75 %

Current Share Price is $49.08.
Banco Macro's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.82.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banco Macro  (NYSE:BMA) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Banco Macro Forward Dividend Yield % Related Terms

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Banco Macro (Banco Macro) Business Description

Traded in Other Exchanges
Address
Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.

Banco Macro (Banco Macro) Headlines