Note I am not an accountant but want to understand the likelihood of franking credits on our next dividend.
I see on page 70 of the annual report that there was $539m of deferred tax asset at 31 Dec 2021. $63m of this amount relates to tax losses and offsets which I see the 30% of earnings tax gets written off against. I understand that franking credits are created when the company starts paying income tax. I assume it is when the tax loss and offsets assets is written down to 0 which only takes 63/0.3=$210m of profits. Yal could easily have made $2.5bn of profits for the half year before tax. Does that mean that we could be getting franking credits with the dividend?
- Forums
- ASX - By Stock
- YAL
- Projected Half Yearly Dividend for FY 22
Projected Half Yearly Dividend for FY 22, page-5
- There are more pages in this discussion • 487 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add YAL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.78 |
Change
0.070(1.23%) |
Mkt cap ! $7.592B |
Open | High | Low | Value | Volume |
$5.77 | $5.84 | $5.69 | $4.361M | 758.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 9731 | $5.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.79 | 34436 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 9731 | 5.770 |
15 | 8879 | 5.760 |
9 | 8417 | 5.750 |
9 | 8518 | 5.740 |
11 | 29704 | 5.730 |
Price($) | Vol. | No. |
---|---|---|
5.790 | 34436 | 22 |
5.800 | 86451 | 16 |
5.810 | 32697 | 9 |
5.820 | 2867 | 4 |
5.830 | 10665 | 4 |
Last trade - 14.37pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
$5.77 |
  |
Change
0.070 ( 1.04 %) |
|||
Open | High | Low | Volume | ||
$5.79 | $5.83 | $5.69 | 95766 | ||
Last updated 15.00pm 07/05/2024 ? |
Featured News
YAL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online