The final 2013/14 dividend is due in December. We expect this dividend to remain at $4.00 per share, but there is some doubt as to whether it will have franking credits attached. Basically, we have run out of such tax credits. We do expect the balance to build up again,… read more →
August Investments has provided a good return for shareholders over the 2013/14 financial year. Capital growth of shares was 14.3% and the dividends of $8.00 were another 4%, providing a total return of 18.3%. If franking credits on the dividends are added, the total return is an even 20% pa.… read more →