Franked Dividend

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 declared a fully franked dividend of USD0.
15 per share franked dividend paid on 30 November 2010.
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.
A fully franked dividend of 10 cents per share for the 2012 financial year was paid on 26 October 2012.
As a result of this solid performance, the directors have declared an interim fully franked dividend of 5.
This compares to a four (4) cent, 75% franked dividend declared on 2010 results.
11 per share together with a completely franked dividend in respect of the half year ending 31 December 2015 and, subject to the Scheme being sanctioned and finalisation of funding, a completely franked special dividend.
In addition, UXC will pay a franked dividend of A$0.
We also plan to continue to pay a partially franked dividend annually for the foreseeable future and to continue to produce within our 8 to 10 million barrels of oil equivalent range for 2010.
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.