RHC 0.98% $42.36 ramsay health care limited

Ann: Response to Media Receipt of Non-Binding Indicative Proposal, page-5

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  1. 659 Posts.
    lightbulb Created with Sketch. 38

    Ramsay would be permitted to pay a fully franked special dividend to distribute all available franking credits to shareholders. The franking account balance as at 31 December 2021 (prior to the payment of the FY22 Interim Dividend) was $823 million.

    What’s the implication of share price here?
    $823m / 0.7 franking
    = $1175m special dividend / 228.9m shares
    = $5.13/share special dividend

    any accountants confirm?

 
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