last day to buy for 36% grossed up divy yield, page-6

  1. 534 Posts.
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    i find it amazing that people do not understand franking credits! the math is...div divided by 7 multiplied by three...then add the div on to the answer.....that is what the stock should be expected to fall on ex date...any fall below that is a positive...depending on you tax status

    i currently hold, but will sell when i have completed the 45 day rule:)
 
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