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$21.82 fortescue ltd

Ann: Dividend/Distribution - FMG, page-256

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FAnotTA

3,280 Posts.

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02/04/24

17:58

Post #: 73153901
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Originally posted by fnqricko: ↑

Don't forget any losses that are capital losses won't help you in lowering tax assessed on income from dividends, it will only help in lowering tax on capital gains. You can have e.g. $200,000 capital loss on investments in shares and make $100,000 in dividends and if you have no capital gains, you will have to carry over the $200,000 and still pay tax on the $100,000 income from dividends, also when tax is assessed on dividends the franking credit is added to the dividend to determine tax payable, you then receive a tax credit for the franked amount. If the total tax payable on income is less than the sum total of franking credits for that financial year you get the residual amount of franking credit payed into your nominated account after tax is assessed. if you have no tax to pay you get all the franking credits payed into your account.

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Thank you for that. I'm retired and on pension

FMG Price at posting: $25.42 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $21.82		Change -0.590(2.63%)		Mkt cap ! $67.18B

Open	High	Low	Value	Volume
$22.18	$22.19	$21.80	$110.2M	5.031M

Buyers (Bids)

No.	Vol.	Price($)
6	11208	$21.81

Sellers (Offers)

Price($)	Vol.	No.
$21.82	8653	1

View Market Depth

No.	Vol.	Price($)
3	6050	21.810
50	49938	21.800
2	17868	21.790
5	2644	21.780
1	1000	21.770

Price($)	Vol.	No.
21.820	8653	1
21.900	1800	1
21.910	1017	2
21.920	13368	2
21.940	2000	1

Last trade - 16.10pm 08/07/2024 (20 minute delay)

FMG (ASX) Chart