@ploppyAssumptions:
- you bought $10000 @ $2.5 somewhere before the first 2017 div.
- We work on the current price of $2.2If you personally pay 0% income tax then your annualised return is 2.67%
| Dividend | Franking | Gross Dividend | Ex-Dividend Date | Payment Date | Shares | Gross Div Amount |
|---|
| 1 | 0.0775 | 100% | 0.1107 | 31/05/2021 | 07/06/2021 | 4000 | 442.86 |
|---|
| 2 | 0.0775 | 100% | 0.1107 | 19/11/2020 | 27/11/2020 | 4000 | 442.86 |
|---|
| 3 | 0.0775 | 100% | 0.1107 | 17/10/2019 | 25/10/2019 | 4000 | 442.86 |
|---|
| 4 | 0.0775 | 100% | 0.1107 | 10/04/2019 | 26/04/2019 | 4000 | 442.86 |
|---|
| 5 | 0.0775 | 100% | 0.1107 | 16/11/2018 | 26/11/2018 | 4000 | 442.86 |
|---|
| 6 | 0.0775 | 100% | 0.1107 | 12/04/2018 | 27/04/2018 | 4000 | 442.86 |
|---|
| 7 | 0.075 | 100% | 0.1071 | 17/10/2017 | 27/10/2017 | 4000 | 428.57 |
|---|
| 8 | 0.075 | 100% | 0.1071 | 13/04/2017 | 28/04/2017 | 4000 | 428.57 |
|---|
If you personally pay 0% income tax then your annualised return is 2.67%
If you pay 30% effective rate then your return would have been 0.14% ( current shares plus div value $10060 )
| Gross Div Total | 3514.3 |
|---|
| 1 | Capital Loss | -1200 |
|---|
| 2 |
| 2314.3 |
|---|
| 3 | Annualized | 0.02676375317 |
|---|
DRP is still subject to tax just like if you received the money and on top of that each time you buy new shares as part of DRP that transaction is the same as you buying shares on the market, all normal provisions in regards to CGT applies.
https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/Dividend-reinvestment-plans/
Therefore, the above example receiving a dividend payout should yield the same answers as you just receiving the dividend in hand.
(20min delay)