Forum Archive Index - October 1999
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[sharechat] GR DIV YLD %
Hi Rini,
thanks for the new site,
GR DIV YLD % is short for "gross dividend yield in % terms".
Basically it is the net dividend you receive in the post plus any imputation
( tax paid by the company ) credits, meaning you won't be taxed twice and
you may even get a rebate if your current taxable income is less than
$34,000 a year.(below this you are only taxed at 19.5%) Someone else may
even have a better explaination, but I hope that helps.
Ritchie
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