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Franked Dividend

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Franked Dividend
In Australia, a dividend issued with a tax credit attached to it. Franked dividends exist in order to avoid double taxation of dividends. The amount of the tax credit depends upon the issuer's tax rate and the amount of the dividend. See also: Franked Income.


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2 cents - Strong balance sheet, with cash of $44 million and capacity for significant debt - Fully franked dividend of 2.
75 cents per share fully franked, resulting in a total fully franked dividend for the year of 20.
As a result of this solid performance, the directors have declared an interim fully franked dividend of 5.
 
 
 
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