Thanks Crashy, Glen99 & HOTGUESS much appreciated.
As adding 30% is not the same subtracting 30% I am not sure I have the maths right.
(7 x 30%) + 7 = 9.1 7 / .7 = 10 (Crashy) 7 x 1.3 = 9.1 (Glen99) GroseeYield=Yield/(1-taxRate) Hotguess ….X = 7/(1-30%) …. X=23.333333333 hotguess I gather I misunderstood ?
Look I’m a dilly but you are confusing me! Well maybe that the reason you are confusing me. LOL
If you are already paying over 30% in the dollar what is a 7% 100% franked dividend really worth to you as compared to a unfranked dividend? And how do you calculate it?
Again thanks for your assistance but can you expand on your opinion.
