Presumably the shares aren't held in an Australian- domiciled nominee account?
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No, held in NZ.
Bobdn, I just had a look at my 2015 interim dividend statement dated 1st July 2015. There were seven 'headers' spread out across the page as follows:
Class of Share Dividend per Share Number of Shares Franked Amount Dividend Amount Franking Gredit NZ Imputation Credit
All amounts are listed in Australian dollars except for the imputation credits. These are listed under the furthermost column to the right, in $NZ. My ANZ shares are listed on the NZX, as I believe are yours. So our interim dividend statements should be both printed in the same format.
SNOOPY
Thanks both. My shares are nz listed, however my statement doesn't have the imputation header. I'm in the drp but i assume that would not mean a different statement
I'll check in with computershare and report back in due course.
If panic sets in about Asia and the Australian business starts to trade at an irrational discount I still think some will be tempted. The core business is still performing and it seems to me that the "super-regional" business could eventually be shirked which would streamline the business towards investor returns. Perhaps a little wishful and/or premature in my part however.
Given the companies performance over the last decade the remuneration issues also appears poignant.
Core business seems just fine...
http://m.nzherald.co.nz/business/new...ref=NZH_FBpage
Only if writing scripts to sequels becomes a core business activity...
Anyway if it where as well run as the other 3 it would trade at a similar premium.
My broker is raving about the dividends from the Australian banks, as well as their relative cheapness. I picked up some ANZ the other day, though I felt it better to do it on our own NZX rather than buying in Australian dollars. I suppose though that the NZX price will ultimately take into account any swings in currency?
Yes, indeed!
Any "discrepancies"- currency adjusted - are quickly arbitraged away by traders. There is an argument that buying/selling Aust stocks on the ASX is preferable due to the greater depth of that market but I doubt that's an issue for us retail investors for a widely traded stock such as ANZ.