VALUE.ABLE THE PODCAST: EPISODE 13
In this episode of Value.Able The podcast Roger discusses dividend policies. In Australia boards tend to pay a high proportion of earnings out as dividends simply because franking credits have no value to the company but have enormous value to their recipient. This also produces some odd capital allocation decision by management which is what I look at in this episode.
If you would like to read the worked example discussed from the 5-minute mark please click here.