Sentences with phrase «paying franked dividends»

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.

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

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the value of Saputo's offer by two franked dividends WCB had planned to pay shareholders — but which were subsequently withdrawn — under a previous Saputo offer.

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.

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.

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.

Because an LIC has a company structure, they usually pay a fully franked dividend.

Atypically, Yahoo appears to show a grossed - up dividend (i.e. the dividend, adjusted for franking credits) rather than the actual dividend paid to a shareholder.

Commonwealth Bank (CBA) actually paid a $ 2 dividend, fully franked.

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.

Paying this to shareholders as a fully franked dividend would see the share price trade materially higher.

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

I think few would be INSANE enough to structure their asset allocation within their super / allocated pension to be invested 100 % into Australian companies that pay 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».

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

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.

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

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.»