Sentences with phrase «franked dividend of»

It paid a fully - franked dividend of 31 cents per share at a 95 % payout ratio.

Not exact matches

However there is an interesting specialty with regard to dividends in Australia: They want to avoid double taxation of corporate profits and therefore every Australian holder of Australian stocks receives so called «Franking credits» when an Australian company pays dividends.

Putting aside his mistaken belief that his voters are «Aussie Battlers» - when in fact they are hard - working small business owners and contractors, many of whom receive franked dividends from their business endeavors — it's worth looking at what all the fuss is about... Continue...

Tatts said it would pay shareholders a fully franked special dividend of 12 cents per share immediately prior to the implementation of the scheme.

Murray Goulburn complained to the Panel that Saputo's revised bid, which saw WCB take an offer of two fully - franked special dividends off the table, implied a reduction in the value of the offer and contravened the truth in takeovers provision.

The claim centres around the withdrawal of two full - franked dividend payments to shareholders from WCB in Saputo's latest bid.

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the value of Saputo's offer by two franked dividends WCB had planned to pay shareholders — but which were subsequently withdrawn — under a previous Saputo offer.

Saputo, which owns 16.9 per cent of WCB, was compelled to change its offer this week after the Takeovers Panel ruled it had misled shareholders in relation to the franking value of two WCB dividends under a previous offer.

The 20 cents sweetener replaces a confusing offer of two franked special dividends worth a combined $ 1.31 WCB proposed to pay shareholders under the previous $ 9 a share offer agreed with Saputo.

In the Saputo - WCB matter, the withdrawal of two very complex fully franked special dividends WCB planned to pay under its agreed bid with the Canadian company caused rival bidders Murray Goulburn and Bega Cheese to appeal to the Panel.

In Warrnambool, the issue was that a dividend proposal that endeavoured to give the value of franking credits to target shareholders was conditional, complex and essentially unworkable,» the panel said.

Murray Goulburn said it still wished to «explore the potential» of WCB paying special dividends under its revised offer in order to deliver franking credit benefits to some shareholders.

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.

I'd estimate the current portfolio dividend yield at about 2 % fully franked, so you might get 50bps to 1 % of franking credits a year on the current holdings.

Organisations receiving a dividend from a New Zealand (NZ) company with Australian franking credits attached to it will be able to obtain a refund of those Australian franking credits.

Cadence has a historical fully franked dividend yield of 6 - 8 % p.a..

The Australian Taxation Office has a lot of information regarding franking credits / franked dividends: https://www.ato.gov.au/Business/Imputation/Receiving-dividends-and-other-distributions/

This is the dividend in cents, excluding the value of notional franking credits, divided by the share price.

I'm a huge fan of the dividends too (especially the Fully - Franked kind we get in Australia!)

A Fully - Franked dividend yield of 7.0 % is pretty sweet.

The introduction of dividend imputation in 1987 removed the double taxation of dividends, with tax - resident Australian companies receiving a «franking credit» for tax paid at prevailing corporate tax rates.

In recent communications, we have described situations where an SMSF purchases the shares of a private company for the purpose of channelling franked dividends to the SMSF instead of the company's original shareholders.

But as a part owner of Australian listed companies, receive it as fully franked dividends and I will pay a flat 30 % tax.

However foreign companies can only use franking credits to offset dividend withholding tax so not sure of the impact of this for marginal investor.

Holders of self - funding instalment warrants receive dividends and franking credits from the underlying shares.

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.

Telstra pays a large, fully franked dividend but historically paid out almost 100 % of its earnings — occasionally, it's payout ratio has exceeded 100 % — something I loath to see on a regular basis.

It paid 94 % of earnings to shareholders as a fully franked 28 cps dividend.

These arrangements concern us because they are intended to shield dividend income at a low or zero rate of tax, rather than «top - up» tax being paid at the individual shareholder's marginal rate, and the fund being entitled to a refund of franking credits.

The long - term equities core portion could be achieved using index funds (index mutual funds or index ETFs) and / or large - cap «blue chip» stocks that have a very low probability of failing, emphasising the reinvestment of dividends and franking credits.

Say you wanted to end up with a 5 % position in the company, you would have to have enough cash to invest 55 % of your portfolio in the stock today (the other 50 % will come straight back as dividend and franking credits).

«Franked» dividends are dividends paid by an Australian company out of profits it has already paid tax on.

A managed fund in which the investment manager invests in range of shares to satisfy a specific investment goal, such as maximising capital growth, dividend income or franking credits.

Financial adviser Jamie Pomeroy of Financial Gusto says this should all start with communication: «Sitting down with your child and having a clear and frank conversation about who's paying for what, can pay huge dividends.»

Flight Centre declared a fully franked interim dividend of 26 cents per share, up from nine cents per share in the prior corresponding period.