Australian company tax rate is 30%, we got fully franked dividend, that means we got dividend after the company paid 30% . So if you got 70c fully franked dividend in hand, you actually got another 30c tax credit in ATO (The company paid you $1.00 actually). If you got fully franked dividend X, in the meantime, you got X /7 then times 3 tax credit in ATO.
That is why I worked out tax credit per BHP share is A$1.0936
Australian company tax rate is 30%, we got fully franked...
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Last
$41.19 |
Change
-0.370(0.89%) |
Mkt cap ! $208.8B | |||
| Open | High | Low | Value | Volume |
| $41.38 | $41.53 | $41.15 | $305.6M | 7.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 802 | $41.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.25 | 2000 | 1 |
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| BHP (ASX) Chart |