No, you don't get paid the franking credits at all.
At tax time, usually you would have to pay a bunch of tax on the dividends you received. Luckily, Fortescue has already paid some (or all) of that tax for you. So it's not a payment that goes into your pocket, it's just an amount you avoid paying at tax time.
*the exception is if you're retired and/or have a very low income, you'll get some of those franking credits refunded because Fortescue has actually paid too much in your case
No, you don't get paid the franking credits at all.At tax time,...
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Last
$25.66 |
Change
0.090(0.35%) |
Mkt cap ! $79.00B | |||
| Open | High | Low | Value | Volume |
| $25.72 | $25.86 | $25.63 | $77.37M | 3.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11417 | $25.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.70 | 2000 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$25.72 |
Change
0.090 ( 0.55 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.86 | $25.64 | 785342 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| FMG (ASX) Chart |