Franking Credits
Franking Credits
Add fields too reflect the percentage of dividends franked and incorporate yield grossed up after adjustment for franking credits as part of the analysis.
35
votes
Derek Goodyer
shared this idea
-
Michael Maher commented
You can do the Grossed Up % yourself via a custom field.
DYGr = DY * (1 + 0.002142857 * InterimFrankingPercent + 0.002142857 * FinalFrankingPercent) -
Ros Wakelin commented
All Australian investors are interested in dividend yield for the medium and long term which naturally includes the amount of franking credits being allowed on our tax returns. Therefore it would be appreciated if an additional column could be included next to the DY column.
Thanks