Yes you are .
The companies not franking are the companies not paying tax in Oz , so usually companies operating out of Oz .
The franking credit reduces tax for those individuals that pay tax here...ie. the company has already paid tax on those earnings so the shareholder in fairness doesn't have to .
So for someone , particularly on a big income a franked divi worth more for the same amount as an unfranked divi .
So if you earn say 2% from bank interest that'll increase your tax payable but a 2% franked share divi won't .
Yes you are .The companies not franking are the companies not...
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Last
$2.28 |
Change
0.140(6.54%) |
Mkt cap ! $2.617B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.30 | $2.18 | $24.38M | 10.82M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48057 | $2.28 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 5243 | 3 |
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