AVJ avjennings limited

Already took a capital loss on AVJ. A franked dividend on 16 or...

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    Already took a capital loss on AVJ. A franked dividend on 16 or 16.7 cents means paying income tax on this. Most be people are paying 30 percent tax rate plus 2 percent medicare levy. So losing 2 percent.

    I am on 37 percent bracket so dividends means I pay 9 percent to take a franked dividend.

    It would be good if I was retired. But unfortunately not yet.
 
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