Palladium(II) complexes of aromatic hemiporphyrazines were prepared by the reaction of bis(dibenzylideneacetone)palladium(0) with the corresponding metal-free macrocycles. Single crystal X-ray analysis revealed that a palladium(II) ion was coordinated inside the macrocyclic cavity to form two Pd – C bonds. Electronic properties of the metalloorganic compounds were characterized by NMR, UV-vis-NIR, and magnetic circular dichroism (MCD) spectroscopy.