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$4.99 uniti group limited

Ann: Scheme Booklet registered with ASIC, page-6

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smartbomb

262 Posts.

20

09/06/22

09:01

Post #: 61908546
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Originally posted by peejay2: ↑

Wrong !!!! The offer of $5.00 per share MAY include up to 11 cents per share dividend some of which may be franked. But the total offer including the dividend will not exceed $5.00 ! The only thing you will get over the actual $5.00 will be the Franking credit. So to put it simply, the offer is for $5.00., less whatever dividend we end up with !. An example would be a dividend of 10 cps franked. You would then get $4.90 + 10 cent dividend + whatever Franking credit applies to the dividend.
So wrong !!!!! You will NOT get the dividend on top of the $5.00, it will be part of the total payment of $5.00 !!!

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The FC can only be a few cents at most on an 11c dividend depending on balance in their FC account. My not selling now has more to do with not wanting the capital gain this FY.

UWL Price at posting: $4.96 Sentiment: Hold Disclosure: Held
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