Skip to Content
scroll

Break down of dividend for Helia Group (HLI)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

Break down of dividend for Helia Group (HLI)

Hi Team, In response to my question on HLI which was answered over the past weekend, you said we could expect a 15% fully franked dividend yield. But, to be clear, the 15% is not grossed up, correct, so the grossed-up yield, assuming it is fully franked, and a tax rate of 30%, is 15% / 0.7 = 21% I am assuming this understanding is correct. Appreciate your clarification.  

Answer

Hi,

You are correct the 15% we were discussing was not fully franked, as we are unsure if they would have the franking credits available at this level. Best to assume not 100% in this instance in our view.

chart
image description
Helia Group (HLI)
Back to top