What do you mean by this statement?That untaxed dividend...

What do you mean by this statement?
That untaxed dividend payments are bad?As a shareholder,
I'm certainly not happy about that?

U mightn’t think so but 7500 holders with 1000 shares and less out of 10,300 holders possibly are of a different opinion!
Many ASX companies claim they are good corporate citizens but a good percentage choose to ignore being helpful during the cost of living struggle.
There should be no need for these shareholders to sell off their holding at all when the company can either had paid a higher dividends or made a capital return payment.

The board has duty to disperse excess fund that will benefits the majority of shareholders, not a minority of official holder such as the T20 and others with larger shareholding.

Within the financial year, it is possible to receive 2 dividends and/or for many of these smaller holder’s an other extra payment called capital return payment.
If my info is not clear to u, read Wesfarmers 2021 capital return how it works.

It not the boards position to act or behave as tax advisers that structure return of capital that benefits the T20