The valuation of franking credits to investors

Aaron Minney*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)


With an increasing focus by fund managers on post-tax return and tax-efficiency, including the benefits arising from franking credits, this paper investigates the extent to which the value of franking credits is reflected in the market price of stocks. A particular emphasis is placed on evidence from recent years to determine whether there has been any change in behaviour from that previously exhibited or whether the franking credit is fully valued by the market.

Original languageEnglish
Pages (from-to)29-34
Number of pages6
Issue number2
Publication statusPublished - 2010


  • dividends
  • franking credits
  • cum-dividend market
  • valuation


Dive into the research topics of 'The valuation of franking credits to investors'. Together they form a unique fingerprint.

Cite this