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.
20 Fully franked dividends (declared) /share (cents) 2.
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 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.