sharetrader
Results 1 to 10 of 2406

Threaded View

  1. 13-02-2023, 03:25 PM #11
    Snoopy
    Snoopy is offline
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,418

    Default

    Quote Originally Posted by winner69 View Post
    No pay rise this time for those who rely on their dividend income
    Actually, for NZ shareholders, you aren't quite right about that

    http://nzx-prod-s7fsd7f98s.s3-websit...544/388317.pdf

    "The Board approved an interim dividend of 14 cents per share (imputed by up to 12 cents per share for qualifying shareholders) to be paid on 30 March 2023."

    Last year the equivalent dividend was 14cps (the same) but only imputed to 20%, not the full 28% if the dividend was fully imputed. So that is an imputation rate of 20/28= 71.4%.

    If this years dividend has 12 of the 14c paid imputed that comes to 12/14= 85.7%. That means we shareholders do get a pay rise after tax, albeit a modest one.

    SNOOPY
    Last edited by Snoopy; 13-02-2023 at 09:56 PM. Reason: imputed to 22% -> Imputed to 20%
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules