Why then does ZEN say on Page 2, 5.3c? Is that a mistake, or am I missing something?Well that was a lucky guess by me to say “…will offer a few more cents (say +4c)”. I think it is a good result in the current environment.
I just checked the 2019 Annual Report and their tax rate is 30%, which is what I expected.
The 14c ff Dividend therefore has a 6.00c franking credit attached.
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