Thanks Crashy, Glen99 & HOTGUESS much appreciated.As adding 30%...

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