Yes my error, you are right. The tax rate is 27% in Chile and 30% in Argentina, but the July 2020 dividend was unfranked and there are no franking credits in the accounts. So Australian shareholders need a higher dividend from AGD to get the same after tax return as with Australian gold companies with franked dividends like AMI, NST and EVN. Pushing up the dividend and paying it regularly still seems desirable to me if we are to get the share price up.
Ann: Quarterly Activities Report, page-15
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