As an example, if you own 1,000 shares you will receive $940 (1,000 x 0.94) and franking credits of $225.60 rather than the usual $402.86 if the whole divided was fully franked.
My calculations are (and I am not an accountant and not offering financial advice) are as follows:
The fully franked part is:
1,000 x 0.5264 = $526.50 dividend. Franking credit is $225.60
Franking credit is worked out using 526.5 x .42857142857
Unfranked part is:
1,000 x 0.4136 = 413.60. This you will have to pay tax on this portion when you do your tax return in the new financial year.
I had unfranked dividends from other companies last year and owed the tax man when I did my taxes. I have until the end of March 2024 to pay the bill.
Hope this helps.
- Forums
- ASX - By Stock
- ANZ
- Ann: Dividend/Distribution - ANZ
Ann: Dividend/Distribution - ANZ, page-51
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ANZ (ASX) to my watchlist
|
|||||
Last
$28.75 |
Change
-0.020(0.07%) |
Mkt cap ! $86.46B |
Open | High | Low | Value | Volume |
$28.64 | $28.85 | $28.64 | $67.16M | 2.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3135 | $28.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.79 | 747 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 183 | 28.740 |
2 | 1304 | 28.700 |
1 | 4000 | 28.660 |
1 | 24 | 28.650 |
1 | 1000 | 28.620 |
Price($) | Vol. | No. |
---|---|---|
28.810 | 1500 | 1 |
28.850 | 594 | 3 |
28.870 | 346 | 1 |
28.880 | 1000 | 1 |
28.900 | 2324 | 3 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
$28.83 |
  |
Change
-0.020 ( 0.08 %) |
|||
Open | High | Low | Volume | ||
$28.68 | $28.84 | $28.66 | 291745 | ||
Last updated 15.59pm 14/06/2024 ? |
Featured News
ANZ (ASX) Chart |