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Ann: HY21 Results Investor Presentation, page-13

  1. Germantheologist
    695 Posts.
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    26/02/21
    08:16
    Post #: 51345764
    Previously they were not paying tax, so there was no imputation credit. It made no sense to pay a dividend then as there would not be a tax concession to the shareholder. Now that they have a tax bill they are entitled to a tax offset in the dividend.
    CDD Price at posting: 43.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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