It's not the same as a CR as the dividend has cramming credits so depending on tax structure of holder , dividend attaches the tax credit . So many companies accumulate 10s of millions of franking credits never to be seen by shareholders. The DRP also ensures the major shareholders are not extracting money from the Company but instead are aligned to shareholders for Sp growth and total returns
DDR Price at posting:
$1.90 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)