Australian (ASX) Stock Market Forum

Understanding dividends from NZ company SKT on the ASX

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Hi there, hope someone can advise me about the following...

The ASX website shows SKT's interim dividend amount as 13.1345c payable on 17/03/2014.
It gives further information....NZ14C+2.4706C SUPDIV TO NR;15%WHT;EST $AU. Can anyone spell out to me what those abbreviations mean in "further information"?

Thanks, :confused:
 
Hi there, hope someone can advise me about the following...

The ASX website shows SKT's interim dividend amount as 13.1345c payable on 17/03/2014.
It gives further information....NZ14C+2.4706C SUPDIV TO NR;15%WHT;EST $AU. Can anyone spell out to me what those abbreviations mean in "further information"?

Thanks, :confused:

dividend of NZ 14 cents plus a supplementary dividend to non residents of NZ2.4606 cents less 15% non resident withholding tax

the supplementary dividend is paid to non residents so they do not suffer tax more than the NZ corporate tax rate

the 13.1345 cents is the estimated amount in AUD
 
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