Sentences with phrase «by franked dividends»
Franking credits generally occur for shareholders when certain Australian - resident companies pay income tax on their taxable income and distribute their after - tax profits by franked dividends.
https://www.ato.gov.au/ Not exact matches
The panel said shareholders had been confused about the value of Saputo's offer by two franked dividends WCB had planned to pay shareholders — but which were subsequently withdrawn — under a previous Saputo offer.
If the Scheme is approved by Coal & Allied shareholders, and subject to Coal & Allied obtaining a ruling from the Australian Taxation Office, Coal & Allied will announce a fully franked special dividend of A$ 8 per share.
This is the dividend in cents, excluding the value of notional franking credits, divided by the share price.
If the income is from «franked» dividends - that is, dividends paid by an Australian company out of profits on which it has already paid tax - it will come with a credit for the tax already paid, called an «imputation credit».
It's a bit like a lay - by, except you get all the benefits of owning the shares from day one, such as receiving dividends and franking credits.
See how the index series allows investors to more precisely measure the performance of the Australian equity market by factoring in the impact of franking credits attached to dividends.
«Franked» dividends are dividends paid by an Australian company out of profits it has already paid tax on.