Hi question about dividendsay you buy a stock that’s paying 10%...

  1. 637 Posts.
    Hi
    question about dividend

    say you buy a stock that’s paying 10% dividend and past dividend day drops 10% so you decide to sell for whatever reason
    the dividend is 100% franked
    so it’s a capital loss on the stock but do you pay tax on the dividend which is equal to your loss or is the dividend payment need to be considered for CGT ?
    Last edited by wendeldsouza: 06/03/23
 
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