NewsBite

BKI pays special dividend to beat Labor franking changes

Luke Housego

Companies will rush to announce dividends next month on fears that capital returned after the federal election may fall victim to a Labor government's imputation credits policy, says BKI Investment portfolio manager Tom Millner.

He predicted the February reporting season would see a sharp rise in dividend announcements given that capital returned after the election, due by May, risked falling under Labor's policy of abolishing cash refunds for imputation credits.

Loading...
Luke Housego is a journalist for The Australian Financial Review based in the Brisbane office. Email Luke at luke.housego@afr.com.au

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/business/banking-and-finance/bki-pays-special-dividend-to-beat-labor-franking-changes-20190123-h1adlp