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.
Gyro
- Forums
- General
- Stupid Question
Stupid Question, page-6
-
- There are more pages in this discussion • 11 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
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online