the cost base of your WPL shares will be the franked dividend (likely pending ATO determination). The dividend in theory should be the value of WPL shares received ie if issues at $25 by WPL to BHP. BHP then issues those shares to us, as a dividend. Franking will be attached.
In theory: 1000 wpl shares @$25. Means you get a $25k ‘inspecie’ assessable dividend, plus franking on top (35.5k tax assessment as you have a 10.5k franking credit). The inspecie part is wpl shares instead of cash.
Ill be keeping mine, I may trim some of these WPL if the price really spikes to mid to low $30s. I already own WPL, it’s a good company. I want to see these synergies occur and the market to rerate the company as a result.
the cost base of your WPL shares will be the franked dividend...
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Last
$46.04 |
Change
0.320(0.70%) |
Mkt cap ! $233.4B | |||
| Open | High | Low | Value | Volume |
| $46.00 | $46.09 | $45.62 | $347.6M | 7.564M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 519 | $46.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $46.04 | 11327 | 2 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$46.00 |
Change
0.320 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| $45.98 | $46.08 | $45.63 | 801334 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| BHP (ASX) Chart |