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General => General Chat => Topic started by: Apostrophe Spacemonkey on April 01, 2014, 08:19:37 am

Title: Share Market
Post by: Apostrophe Spacemonkey on April 01, 2014, 08:19:37 am
Anyone where deal with shares?


It's something I would like to get into, just trying to get my head around all the technical terms.


For example, dividends https://www.nzx.com/markets/NZSX/securities/AIA/dividends (https://www.nzx.com/markets/NZSX/securities/AIA/dividends)

What do the terms Supp. and Imputation refer to?

And what do they mean by Final and Interim?

Say, for example, I had 1000 shares, how would I work out how much money I get in the above case?

Title: Re: Share Market
Post by: Tandoori on April 01, 2014, 07:32:34 pm


Final/Interim probably refers to whether or not the dividend has been approved (by the board or relevant authority).


EDIT: http://en.wikipedia.org/wiki/Dividend_imputation (http://en.wikipedia.org/wiki/Dividend_imputation)
Quote
New Zealand introduced a dividend imputation system in 1989. It operates on similar principles to the Australian system. A shareholder receiving a dividend from a company is entitled to an "imputation credit", which represents tax paid by the company, and is used to reduce or eliminate the shareholder's income tax liability.[2]