Not exact matches
The Martin Currie fund manager is fixated
on the $ 7.50 in
dividend and
franking credit income he can deliver off investing $ 100.
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.
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.
Tax credit passed
on to shareholders who receive partially or fully
franked dividends.
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».
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.
Almost 142 million shares have changed hands since the company announced a fully
franked $ 0.79
dividend on 28 April.
«
Franked»
dividends are
dividends paid by an Australian company out of profits it has already paid tax
on.