I have sent questions to recent AGMs in companies that I hold shares
IF with the stealing of franking credits from shareholders by a shorton govt
would they consider the following
1) Increasing the dividend to that of a franked up dividend
2) issuing bonus shares to the value of the franked credits
3) as above as drp shares
4) giving shareholders the option of receiving a dividend NOT franked
The franking credit could be used by the company in share buybacks which would indirectly increase share prices.( less shares in the market)
5) something else
6) for banks , paying the dividend b4 30th june 2020 instead of july 2020..3 divies in the 2019 year , one in 2020
As far as hybrids like Perls etc....consider purely added interest instead of an attached franking credit