Sitting duck, Crashy and hotguess I now have 3 to one sorry Glen99
Thanks all.
Sitting duck your example makes sense (not that Crashy and hotguess didn’t just easier to understand).
On a $100 dividend $30 in Tax is paid on the shareholders behalf.
30% of 100 = 30
therefore $70 is remains for the shareholder.
70/.7= 100
I will adjust my excel.
Some of these banks dividend look at lot better now!
Gyro
