RIO 2.02% $116.47 rio tinto limited

Ann: Dividend/Distribution - RIO, page-18

  1. 6,639 Posts.
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    Hi Joffrey,

    can you check your maths. If the company is paying $7.60 (dividend and special dividend) both fully franked this is a grossed up dividend of $10.85

    I've divided the fully franked divvy by 7 and multiplied by 10 to get the grossed up divvy. Also talk here of the 45 day holding rule but shareholders need to consider whether they might satisfy the small shareholder exemption to this rule (less than $5000 in overall franking credits in the year in all stocks if trading as an individual) .
 
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$116.47
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$115.31 $118.48 $114.83 $158.6M 1.359M

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