Dividends

Year Net Income (millions AR$)Dividends (millions AR$)Total shares (millions)Dividends per share (AR$)Dividends per ADS (AR$)Payout Ratio
Payment date
2019
2018
2017
2016
2015
2014
2013
2012
31,352
9,705
3,878
3,644
3,785
3,204
2,024
1,264
2,500
2,407
970
911
900
400
29
-
612.7
612.7
612.7
612.7
536.9
536.9
536.9
536.9
4.08
3.93
1.58
1.49
1.68
0.75
0.05
-
12.24
11.79
4.75
4.46
5.03
2.24
0.16
-
8%
25%
25%
25%
24%
12%
1%
-
Pending*
05/16/2019
05/09/2018
08/10/2017
07/24/2016
03/18/2016
07/08/2014
-

*The distribution is subject to BCRA prior authorization, which has not been granted yet. According to Communication “A” 6939 and 7035, the distribution of financial institutions’ results is suspended until December 31, 2020.

Updated July 16, 2020