$ 1.25
in franking credits per share.
The combined management fee is 0.17 % p.a. and the weighted dividend yield is 2.55 % without factoring
in franking credits.
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.
«We can't discount
franking credits as long as they are still there and the Labor government don't change the rules if they get
in.
Labor's proposal to stop
franking credit refunds will affect about a million people and retirees are up
in arms because it's not just «milli...
The Martin Currie fund manager is fixated on the $ 7.50
in dividend and
franking credit income he can deliver off investing $ 100.
The official takeovers arbitration body said on Friday that the issue of treatment of
franking credits arose before it
in paints group Dulux's tilt at Alesco
in 2012 and
in the WCB deal.
«
In Alesco, the issue was the inclusion of a reference to the value of franking credits in the «headline» offer pric
In Alesco, the issue was the inclusion of a reference to the value of
franking credits in the «headline» offer pric
in the «headline» offer price.
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.
• As if we needed another reason to love John Green, his
frank discussion of why he feels The Fault
in Our Stars has been so wildly successful —
in which he
credits his editor, publicist and publisher — frankly made this former book editor swoon.
Franking credits are credited in a corporate tax entity's franking
Franking credits are
credited in a corporate tax entity's
franking franking account.
We send organisations a personalised Application for refund of
franking credits form (NAT 4131) form
in June of each year if they applied for and received a refund
in the previous year.
Your organisation may also receive distribution statements showing a
franked distribution and the amount of
franking credits attached or included
in the distribution amount.
You might also want to consider
franking credits or grossed up yield
in your analysis.
My approach is a little similar to DivHut above, but focused on Aussie shares where we get those juicy
Franking Credits, especially
in a low - tax account.
At tax time, Ricardo must declare $ 1,000 (the $ 700 dividend plus the $ 300
franking credit)
in his taxable income.
This is the dividend
in cents, excluding the value of notional
franking credits, divided by the share price.
Refunds of
franking credits — the organisation must be a Charity endorsed by us or a DGR or an organisation is listed by name
in tax law
Is it really fair to compare a 5 % yield with bank deposits without taking into account CBA's
franking credits — which
in essence increase the yield to 5/0.7 = 7.14 %
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.
This situation was remedied
in 2000 when the tax laws were amended to allow excess
franking credits to be claimed by low rate (and tax exempt) taxpayers.
On a side note, the lack of consideration given to
franking credits in takeover bids has been an extremely frustrating theme throughout 2015.
Given the low rate of tax paid by superannuation funds, their ability since 2000 to recoup excess
franking credits, and the large difference
in tax effect between working and pension members, one would assume that super trustees would be among the most tax aware of investment fiduciaries.
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.
Listen to seasoned market experts to share insights on how
franking credits play an important role
in Australian equity portfolio.
For super funds not subject to tax, you can buy it at today's price of $ 1.24, collect $ 0.79
in cash on 2 June and another $ 0.34 for the
franking credit when you submit your tax return (as early as July if you are organised).
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).
The efficient market is hard at work transferring the RHG's shares from those on high tax rates who prefer discounted capital gains (such as myself and John Kinghorn) to those who value the
franking credits (mostly super funds
in pension mode).
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.
In his remarks before the House subcommittee, Cronk issued a
frank warning that cutting Fannie Mae's and Freddie Mac's
credit ties to the federal government — a proposal that lawmakers are grappling with — would be a mistake.