Ann: Dividend/Distribution - RIO, page-6

There indeed may be a rush in the lead up to ex div date, not just those after the franking credits, but also those assuming others want the franking credits and wanting to ride the wave. This trade could get very crowded in the lead up to august 12 which is great for existing holders

. roughly $9.9 fully franked, a 7.5% gross yield on only a hy distribution - for the retirees at least. If the SP increased 25% to $165 that's still a 6% gross yield.

ill make a prediction of a 4% intra day net over the ASX 200 tomorrow. Although you could accuse me of being conservative. I guess we will find out tomorrow