dividend reinvestment plan statement, page-2

  1. BlueMonday
    163 Posts.
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    05/07/09
    10:46
    Post #: 5358189
    If a div is fully franked you get around 42% of the div in franking credits

    As an example:

    Company makes $100 profit before tax, pays $30 tax, distributes $70 to shareholders

    Shareholders get $70 franked dividend and $30 of franking credits... $30/$70 is roughly 42%
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    lightbulb Created with Sketch.  Great analysis
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