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MLE 0.0¢

macquarie leisure

  1. watso

    20,362 Posts.

    not a very exciting stock, but i have bought in at 60c, 1.5 years ago, and will be receiving my 3rd distribution. the following is from todays report

    Interim dividend (Half yearly report
    only - item 15.6) 3.50

    tax deferred 2.02

    in effect, only 1.48c is presently taxed, and the balance taxed upon the sale of the units. this is a feauture of trusts. this gives people a chance to time the taxation. other factors can aslo be considered - eg the payment of child support

    happy investing

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