Thanks Crashy, Glen99 & HOTGUESS much appreciated.
As adding 30% is not the same subtracting 30% I am not sure I have the maths right.
(7 x 30%) + 7 = 9.1
7 / .7 = 10 (Crashy)
7 x 1.3 = 9.1 (Glen99)
GroseeYield=Yield/(1-taxRate) Hotguess ….X = 7/(1-30%) …. X=23.333333333 hotguess I gather I misunderstood ?
Look I’m a dilly but you are confusing me! Well maybe that the reason you are confusing me. LOL
If you are already paying over 30% in the dollar what is a 7% 100% franked dividend really worth to you as compared to a unfranked dividend?
And how do you calculate it?
Again thanks for your assistance but can you expand on your opinion.
Gyro
- Forums
- General
- Stupid Question
Stupid Question, page-6
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)