Quote Originally Posted by 777 View Post
$ 0.18666667 is the gross dividend form the distribution notice to NZX

After tax you get 67% of it. Therefore banked is .18666667*.67=.1250666689

So per thousand shares that is $125.06


Last year the gross dividend was .17888889 . 67% of that was .11985555563

So per thousand shares that is $119.86

So increase this payment over last March payment is 4.347%
Using your numbers

Last year RWT is 5% of Gross so .1400 less RWT .0089 you got .1310 in the bank to pay groceries

This you get .1400 less RWT .0093 you will get .1307 in the bank for the groceries …less in my book for groceries costing heaps more

You never see imputation credits and RWT in the bank when divie paid …..even though it help you get a tax refund or reduce the tax bill

No doubt Snoopy will correct both of us.