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 ?
That comes after rewarding shareholders with a special fully franked dividend of 2 cents per share and declaring a further 1 cent per share ordinary final dividend (partly franked) from the 2008/09 results.
It said it had agreed to pay a fully franked dividend of up to five cents for each AHC share in the course of the offer.
With our strong operating cashflows, it is particularly pleasing to announce a final, fully franked dividend of 4.
Rio Tinto notes that Ashton has already announced in relation to the De Beers bid that it intends to pay a special fully franked dividend of $0.
The terms of the Rio Tinto offer will permit Ashton shareholders to retain the fully franked dividend of five cents per share, payable on 14 September 2000.
He said the Telstra Board had declared a final fully franked dividend of 10 cents per share and instalment receipt, taking ordinary dividends for the year to 18 cents compared with 17 cents in the previous year.
Directors intend declaring an interim fully franked dividend of A$0.
A final franked dividend of 5 cents per share amounting to A$19.
In line with our 1995 result we expect to maintain a fully franked dividend in the foreseeable future," said Mr Joss.
Interim fully franked dividend per share -- payable April 30, 1993 -- $0.
Directors intend declaring a final fully franked dividend of A$0.
A fully franked dividend of 2 cents per share, plus a fully franked special dividend of 5 cents per share, with a record date of 30 November 2009 will be paid on 15 December 2009.