WGB 0.44% $2.25 wam global limited

Ann: June 2021 Investment Update, page-86

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  1. 90 Posts.
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    @peejay2 you should definitely seek an accountant. $70 dividends + $30 franking credit is exactly the same as $100 without franking credit. When we calculate yield, tax benefit, we look at the total amount (including franking credit whether it's 0 or 30%). BTW Franking credit is not always 30% depending on the portion of the income coming from. Just look at CSL, they have partial franking credit because they pay large portion of their tax in the US.
 
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