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$2.87 pilbara minerals limited

divvies, page-103

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Hittman

2,900 Posts.

259

19/01/23

21:29

Post #: 65782780
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Originally posted by dfs1 ↑

Because the large population of baby boomers hold dividend paying stocks like CBA, for retirement income purposes. They get the dividend and also the tax franking credits of up to 30% (company tax rate is 30%) refunded at tax time. The majority of retired Australians are passive investors who like the security of income without the work involved in actively managing a share portfolio.

For instance, I have my own self managed superfund. At age 60, I can put up to $1.7 Million from the superfund into pension income stream phase and pay no tax on any capital gains from share sales or dividends. As an example, if I received a $100 000 dividend that was fully franked, at tax return time, I would be refunded another $30 000, which is the company tax paid on profits. Not a bad return for being a lazy investor.

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We also don't need to sell any shares to buy the next multi bagger stock, we can use the dividend payment if we choose..

PLS Price at posting: $4.02 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.87		Change -0.010(0.35%)		Mkt cap ! $8.642B

Open	High	Low	Value	Volume
$2.91	$2.94	$2.83	$58.15M	20.23M

Buyers (Bids)

No.	Vol.	Price($)
12	137974	$2.87

Sellers (Offers)

Price($)	Vol.	No.
$2.88	2100	2

View Market Depth

No.	Vol.	Price($)
12	137974	2.870
18	139384	2.860
28	561359	2.850
15	300701	2.840
36	369701	2.830

Price($)	Vol.	No.
2.880	100	1
2.890	33166	4
2.900	203240	8
2.910	584545	8
2.920	273452	10

Last trade - 16.10pm 14/10/2024 (20 minute delay)

PLS (ASX) Chart

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