GEM 0.00% $1.30 g8 education limited

I'm confused here. I received dividend $3600 today, why the...

  1. 699 Posts.
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    I'm confused here. I received dividend $3600 today, why the franking credit is $1542.86?This is more than 30% company tax, am I missing something?

    https://hotcopper.com.au/data/attachments/2607/2607094-b382301eb3561a6ce2770975e1026e1c.jpg
 
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