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.
References in periodicals archive ?
The Company expects to report growth in revenue, profit, earnings per share and fully franked dividends in FY12.
This brought total fully franked dividends for the year to 59 cents per share, 26.
4 billion -- Final dividend of 9 cents per share fully franked, taking total fully franked dividends for the year to 17 cents per share -- Earnings per share of 35.
The Directors declared a fully franked dividend of 9 cents per share, bringing the total fully franked dividends for the year to 17 cents per share.
A number of Alesco's shareholders have indicated that they would highly value fully franked dividends, which is why DuluxGroup has chosen to structure its Revised Offer in this way.
While the Group's offshore expansion strategy has been extremely successful in delivering shareholder wealth, it has increased the proportion of earnings outside Australia and reduced the capacity of the Group to maintain fully franked dividends in the future.
The Directors declared a fully franked final dividend of 9 cents per share, bringing the total fully franked dividends for the year to 17 cents per share.
As a result, we have today announced an on-market buyback of up to 5% of the issued capital of the company together with a special fully franked dividend, as we continue to manage our shareholders' capital carefully.