Dividends are NOT tax-free — they’re taxable just like other income. Franking credits serve to reduce the tax payable on dividend income, the rationale being that 30% tax (usually) has already been paid by the company which paid the dividend.
Please check your facts before making blanket statements that are patently wrong.
Dividends are NOT tax-free — they’re taxable just like other...
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Last
$6.81 |
Change
0.070(1.04%) |
Mkt cap ! $8.992B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.87 | $6.71 | $10.50M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6043 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 30193 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| YAL (ASX) Chart |