Yeah, if you're including franking credits, you wont be far off .A FD of 1.60 will deliver a trailing div of in excess of 12.5%.You may be confusing some posters by including franking credits in the div. All the gloom on oil prices have been late in this half. In comparison with the first half the oil price has been OK. IF the oil prices stay low, that will have a bigger effect on next years interim div. Lots of crystal ball gazing but I'm happy with the returns on my investment.
Woodside, page-449
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