How to deal with iag special dividend and capital return payment?

B ChappellB Chappell Member Posts: 2
edited November 2018 in Accounts Personal Range

Comments

  • David MDavid M Member Posts: 75
    edited November 2018
    I would have three separate transactions on two dates.
    On the first day, I would record the 5.5 cent fully franked dividend,
    AND the 19.5 cent capital return, to reduce the cost base.
    In the second day, I would enter the share reduction - so as not to confuse the number of shares on which the dividend and capital return is calculated.
  • AstroAstro Member Posts: 25
    edited November 2018
    I did similar but used the stock split function for the share reduction bit.

  • David MDavid M Member Posts: 75
    edited November 2018
    I was less than clear - I too would use the stock split for the share reduction, as this provides the best process.
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