The back pages of most news papers give long lists of share prices, along with some other basic data, such as Div. Cvr. P/E etc. For some peculiar reason, they explain what is glaringly obvious, but not the things we cannot know unless they tell us. For example, "Div" is it before or after basic personal tax?
I think it is after tax, but I am not sure. Grateful if some one who definitely knows could tell me, but no guessing please as I have no means of knowing who is right and who is wrong,
I have tried telephoning the newspapers in question, but gave up after ringing for 15 minutes and not getting a response (Naming and shaming "TheTimes"and "Financial Times" in UK). The newspapers in US cannot be as badly run.
2006-06-18 05:17:51 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
The news papers I refer to are UK ones
2006-06-23 07:51:18 · update #1
If it is a US company, it is before tax. If it is a company in some other countries it is partially or fully after tax. The UK takes a percentage of their dividends off the top as tax. If you are a US taxpayer then you will have paid the UK tax indirectly through the UK process and then be able to use it as a credit against your US taxes.
So if you are American, it depends upon the country of domicile of the company. If you are not American it may or may not be after tax.
2006-06-18 06:41:42 · answer #1 · answered by OPM 7 · 1⤊ 0⤋
A dividend is before any tax.
The dividend paying company doesn't know your tax rate
The state/federal government doesn't know what tax bracket you are in. Only after you make out your Form 1040 ( or other) can they calculate it.
2006-06-28 07:51:17 · answer #2 · answered by Puzzleman 5 · 0⤊ 0⤋
before,u pay the tax
2006-06-18 05:23:06 · answer #3 · answered by b 4 · 0⤊ 0⤋