RHC 0.50% $40.15 ramsay health care limited

Ramsay would be permitted to pay a fully franked special...

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    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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