One of the distinguishing features of the Australian equities market is the franking credits regime. A franking credit is generated when Australian-resident companies pay income tax and distribute after-tax profits through dividends. Depending on their tax situation, shareholders might get a reduction in their income taxes or a tax refund, as a result of receiving the franking…
It is often said that when the market takes a hit, that’s the best time to invest, and the COVID-19 pandemic is no different. Since the beginning of this pandemic, 2020 calendar year dividend expectations for the ASX 200 have fallen from ~$73bn to ~$58bn, which is broadly the same level of dividends that were…
