Bringing the dividend payout date forward by only a week can only be related to taxation matters imo. It looks to me like WBC is positioning itself to offload any excess franking credits it has at its disposal, should it choose to do so, before the ALP has an opportunity to legislate its new franking credits rules. So one wonders if WBC will be able to pay a special dividend to clear any excess FC, and whether NAB and ANZ follow suit. Of course this assumes Labor win, which seems likely atm, and that they are able to enact their proposed FC changes.
Bringing the dividend payout date forward by only a week can...
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