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Showing 31 - 40 of 193 results for "Franking credits"

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... for 11 Class shares - will now be eligible for any HUB24 financial year 2022 interim dividend and associated franking credits. As a result, Class agreed not to declare any dividend, including any ordinary interim dividend of up to 2.5 cents per share. ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... will reduce out after-tax earnings and cashflow, because we will be paying more tax, it will also increase the franking credits available to shareholders, and so the level of franking attached to dividends will likely increase," Magellan Financial Group ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... ratio sitting at a healthy 13.1%. "The buyback is a logical way for CBA to take advantage of surplus capital and franking credits and will provide a significant windfall for retirees and other low tax investors who value franking credits most," he said. ...

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... million includes ongoing payments to Westpac, calculated at 0.96 x the life unit's FY20 value and excludes franking credits. The two firms have signed a binding share sale agreement that includes entering an exclusive 20-year partnership that sees ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... high due to the dividend imputation system, which returns corporate tax to Australian resident taxpayers via franking credits with dividends, creating additional income for Australian resident taxpayers." Taking into account these franking credits, Morningstar ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... vehicle. Alternatively, a dividend can be paid to family members with relatively low tax due to the attached franking credits. "Unlike a pension-paying superannuation fund, you don't have to draw money from the company. It can continually reinvest ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... wager none expected it to crush contributions in SMSFs by 60%. No wonder retirees were so protective of their franking credits and will continue to be. But one minor-major superannuation policy reform in this budget that will make a serious mark is the ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... to 30%. It had 16 constituents as at April 22. "As at 31 March 2021, the gross running yield (i.e. including franking credits) of the index BHYB aims to track was around 3.5% p.a., and the gross yield-to-call was around 2.6% p.a. These compare with a ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
... concessions are geared towards men. Negative gearing, superannuation tax concessions, capital gain tax discount and franking credits are split across $42 billion for men and $18 billion that goes to women. "Gender pay gap, childcare, superannuation ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... four tax concessions consist of negative gearing, superannuation tax concessions, capital gain tax discount and franking credits and, of the annual spend, $42 billion of the benefit goes to men and $18 billion goes to women. "Gender pay gap, childcare ...