Potential divy, page-3

The wording revolved around distributing the divvy as far as it could be fully franked. Some have calculated this at 3 to 5c per share, which should be fully franked. So that is around 4.3c to 7.1c before tax.
To me thats pretty darn solid so 100k shares is likely to generate $4300 to $7100 in income. Got $300,000 then you can invest it here and get $45,000 to $75,000 per half year in income.

Key Highlights
• Unaudited sales revenue of $113 million
• Unaudited net profit before tax of $62 million
• Unaudited headline net profit after tax (“NPAT”) of $49 million
The Directors are also pleased to announce the adoption of a dividend policy which provides that, to
the extent that dividends can be fully franked, Fenix will distribute between 50% and 80% of after tax earnings to shareholders in the form of dividends, either annually or semi-annually.”