LGD 0.00% 37.5¢ legend corporation limited

That is right, the 7c dividend will be deducted from 36.5c...

  1. 550 Posts.
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    That is right, the 7c dividend will be deducted from 36.5c payout to work out the final payout amount.

    For example if an investor is entitled to the full amount of franking credit, which is 7/7*3 = 3c, he will receive:

    7c as dividend
    3c as franking credit
    29.5c final payout
    Add all the above he gets 39.5c.
    Last edited by PhoenixAM2017: 25/05/19
 
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