Australian (ASX) Stock Market Forum

Best shares for income/dividends

I'd feel a bit more confident if every share I've taken up lately hadn't tanked.

Stick with the majors I guess, the ones I bought in the past have been mainly speculative.

So, if I may ask, how do decide what to buy MrB?

Regards

Rick
 
I hold 4 Stocks in the top 40 and 8 in the top 100...#9 GLB - globe, is a very low liquidity micro
cap (16.5 mill) with no debt, 9 mill in cash and annual revenues of around 90 mil.

Just things I read and try to get hints from ...but havent bought anything for a while.
 
I'd imagine you get the franking credits refunded to you from the ATO if that's the case.

And if so, a 6% FF dividend would become a 7.8% dividend.
Shouldn't that be a 8.57% dividend?
ie. for a $100 investment, FF dividend is $6.
$6/(1-0.30) = $8.57.

Please correct me if I'm wrong.

Cheers
 
Shouldn't that be a 8.57% dividend?
ie. for a $100 investment, FF dividend is $6.
$6/(1-0.30) = $8.57.

Please correct me if I'm wrong.

Cheers

Yes, I believe so.
Wow, massive math failure on my behalf, lol.
 
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