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My Portfolio Frontier Tutorial
Tutorial steps:
1. Previous step - Buy Shares
2. This step explains how to record dividends
3. Next step - Performance Assessment
4. Sell Shares
5. Tax Reports
2. Record Dividends
On 7 May 2000, Coles Myer declares a dividend to all shareholders. On 15 May 2000 they pay the dividend and send a dividend notice describing payment of $100 franked, $10 unfranked, $13 franking credit and $12 withheld for tax. As a member of the Dividend Reinvestment Plan (DRP) they have issued 10 new shares at $8 each and held $0.25 over for the next dividend reinvestment date.
You enter this data into My Portfolio Frontier using the Dividend form.
An advanced dividend form lets you enter information related to trust distributions (for example Tax Deferred amounts).