- Switzer Report - https://switzersuperreport.com.au -

Capital management and US dollar exposure

Question: My SMSF has 2,318 shares in Wesfarmers and they have a capital management initiative at the moment. What is the best for me to do regarding this?

Answer (By Paul Rickard): You don’t need to do anything.

You will receive a payment from Wesfarmers of $1.00 per share on 16 December – comprising a return of capital of $0.75 and a $0.25 franked dividend.