YAL 0.96% $7.33 yancoal australia limited

The situation is similar to WHC's recent full year dividend,...

  1. 124 Posts.
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    The situation is similar to WHC's recent full year dividend, which was fully franked, after having extinguished all their tax losses.

    From memory i recall the CFO saying in an analyst call, that franked dividends could be paid to shareholders, based on the accumulation of a tax liability to the ATO, even if the cash payments hadn't yet occurred at the time of the dividend.

    On this basis i would assume that the YAL full year dividend will be franked, at least to some extent. But of course, i am not an expert on tax law, so please don't assume this to be definitely the case.

 
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