"the yield buying at 20 right now is 10.55%
Plus 30 percent if you qualify for franking credits which are attached"
Not correct. Plus 42.85% if you qualify for the franking credits. Divided the fully franked dividend by 7 and multiply by 10 to get the grossed up dividend.
This equals $3.01/share. Great for people with carry forward tax losses and superfunds in run-off mode with zero marginal tax rate. Big $0.90/share refund cheque from ATO after tax return is lodged for these lucky people.
Ann: FY21 Results, page-17
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Last
$20.47 |
Change
0.450(2.25%) |
Mkt cap ! $63.02B | |||
| Open | High | Low | Value | Volume |
| $19.90 | $20.64 | $19.90 | $227.3M | 11.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2983 | $20.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.50 | 2160 | 2 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |