Supplementary dividends for non-residents

[shonen knife]

This week I got paid a dividend for a small amount of shares that I have but did not receive the supplementary dividend. I am a citizen but non-resident, so shouldn't I get one? Maybe it comes later or I am just misunderstanding their purpose.

Can anyone give me a layman's explanation of supplementary dividends?

[Snow Leopard]

This week I got paid a dividend for a small amount of shares that I have but did not receive the supplementary dividend. I am a citizen but non-resident, so shouldn't I get one? Maybe it comes later or I am just misunderstanding their purpose.

Can anyone give me a layman's explanation of supplementary dividends?

As a New Zealand tax resident your total gross dividend is made up of the Amount + Imputation from which tax is deducted usually at 30%.

As a [New Zealand] non-tax resident your total gross dividend is made up of the Amount + Supplement from which tax is deducted usually at 15%.

So as a for instance the Paper Tiger Company pays you a gross dividend of $117.65 comprising of:
$100 basic amount
$17.65 supplement.

15% of $117.65 is $17.65 which goes to the tax man and you get the $100.

So the supplementary dividend is extra money that the company pays to the tax man for it's foreign shareholders.

See you are in Singapore - I used to live out near Boon Lay (4 years ago now, time does fly) but currently living in Indonesia.

Best Wishes
Paper Tiger

[shonen knife]

That makes sense, thanks.

lol considering how small SG is, it is strange that I have never been to Boon Lay (been in SG for 5+ years and currently stay out east), but have been to a few places in Indo like Surabaya.