paying a 104c div
for an investor holding for the next 6 months, the div yield is:
1.04/31.04 = 3.35
x2 for 6 month basis = 6.7
gross up the div to allow for franking credits:
6.7 / 0.7 = 9.57%
div yield 9.6%
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$127.68 |
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