Banco Macro S.A Dividend yield
What is the Dividend yield of Banco Macro S.A?
The Dividend yield of Banco Macro S.A. is 10.76%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Finance sector on NYSE compared to Banco Macro S.A
What does Banco Macro S.A do?
Banco Macro is the second largest domestically-owned private bank in Argentina, and the sixth-largest by deposits and lending.
Companies with dividend yield similar to Banco Macro S.A
- Pimco Income Strategy Fund II has Dividend yield of 10.69%
- Western Asset High Income Opportunity Fund Inc has Dividend yield of 10.70%
- BlackRock Debt Strategies Fund has Dividend yield of 10.71%
- Atlas Pearls Ltd has Dividend yield of 10.71%
- Somero Enterprises has Dividend yield of 10.73%
- Investec plc has Dividend yield of 10.74%
- Banco Macro S.A has Dividend yield of 10.76%
- abrdn Healthcare Investors has Dividend yield of 10.77%
- PennantPark Floating Rate Capital Ltd has Dividend yield of 10.77%
- TPG RE Finance Trust Inc has Dividend yield of 10.77%
- Immo Moury SCA has Dividend yield of 10.78%
- Tai Hing has Dividend yield of 10.78%
- Gabelli Equity Trust has Dividend yield of 10.81%