FMG 0.37% $18.88 fortescue ltd

As everyone should be in bed, I'll abuse the forum and have...

  1. 10,458 Posts.
    lightbulb Created with Sketch. 1578
    As everyone should be in bed, I'll abuse the forum and have another shot.

    $1 Franked Dividend, 45% Tax Rate
    The investor has $1 in dividend income and 43c in franking credits, the taxable income is $1.43.

    The investor retains 93c of this after tax.

    $1 Un-Franked Dividend, 45% Tax Rate
    The investor has $1 in dividend income and 0c in franking credits, the taxable income is $1.

    The investor retains 65c of this after tax

    The investor is 28c better off due to franking credits despite the tax rate been above 30%.
    Last edited by convexity: 26/08/21
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$18.88
Change
0.070(0.37%)
Mkt cap ! $58.13B
Open High Low Value Volume
$18.81 $19.07 $18.58 $89.38M 4.725M

Buyers (Bids)

No. Vol. Price($)
2 46408 $18.88
 

Sellers (Offers)

Price($) Vol. No.
$18.89 7 1
View Market Depth
Last trade - 16.10pm 28/01/2025 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.