For small shareholders:
The holding period rule requires you to continuously hold shares ‘at risk’ for at least 45 days (90 days for certain preference shares) to be eligible for the franking tax offset. However, under the small shareholder exemption this rule does not apply if your total franking credit entitlement is below $5,000, which is roughly equivalent to receiving a fully franked dividend of $11,666 (based on the current tax rate of 30% for companies).
Some prices for those interested, page-20
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Last
$70.99 |
Change
1.050(1.50%) |
Mkt cap ! $80.51B | |||
| Open | High | Low | Value | Volume |
| $70.45 | $71.35 | $70.21 | $83.41M | 1.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5089 | $70.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $70.99 | 91 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| WES (ASX) Chart |