I have my FMG shares in Aus Super Member Direct (retirement phase (no tax payable)) and the portfolio is already showing the dividend payment added as "Income due but not yet received".
The dividend rate is shown as $1.47 per unit (as expected). Interestingly, the total amount added to the account equates to $2.10 per unit. This would equate to the dividend of $1.47 + 43%. My Telstra shares are showing the same calculation (dividend plus 43%). I assume this is due to the franking credits.
If the final dividend is $2.00 +43% FC = $2.86, that will be a total dividend +FC of around $4.96 per share. NICE!!!
I am new to super being in retirement phase, so please excuse my childish excitement.
Cheers Emma
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