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2.06%

$3.10 pilbara minerals limited

divvies, page-131

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dfs1

6,917 Posts.

4175

20/01/23

11:48

Post #: 65792227
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Originally posted by bobadah: ↑

" 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."
In fact, the franking is better than that. Franking represents a return of the tax the company paid before that $100,000 became available to pay the dividend (to avoid double taxation). The company actually earned $142,857.14 and paid 30% of that as tax leaving $100,000 for your dividend, so the company actually paid tax of $42,857.14 in tax when the profits were originally earned. You will, therefore, receive $42,857.14 as your franking credit BUT you will pay tax on $142,857.14 at your marginal rate (which may be more or less than 30%).

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Won’t pay tax inside pension account is my understanding. Happy to be corrected.

https://www.ato.gov.au/super/self-managed-super-funds/in-detail/smsf-resources/smsf-technical/exempt-current-pension-income/

PLS Price at posting: $4.39 Sentiment: None Disclosure: Held
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(20min delay)
Last $3.10		Change -0.065(2.06%)		Mkt cap ! $9.365B

Open	High	Low	Value	Volume
$3.09	$3.17	$3.06	$30.18M	9.716M

Buyers (Bids)

No.	Vol.	Price($)
38	154770	$3.09

Sellers (Offers)

Price($)	Vol.	No.
$3.10	17003	11

View Market Depth

No.	Vol.	Price($)
38	158114	3.090
16	135770	3.080
23	205799	3.070
29	221067	3.060
27	383141	3.050

Price($)	Vol.	No.
3.100	74534	15
3.110	26341	11
3.120	41902	8
3.130	23804	8
3.140	57720	8

Last trade - 15.24pm 18/11/2024 (20 minute delay)

PLS (ASX) Chart

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