So 20% taxes in total on dividends for RPL? Also, do you know if they pay dividends quarterly or semi-annually?
I hold RPL and like it.
The UK withholding tax on the so called PID element is 20% (of course no additional 15% withholding tax in ZA). The so called Non PID
element is not subject to UK withholding tax. Taking the cash alternative for the dividends declared for the 6 months ended Feb 2015 was subject
to the full 20% UK tax. (Opting for scrip has a Non Pid element portion which is free of tax).
However, you will note that sometimes, for reasons unknown to me, e.g. the cash dividends declared for the period ended Aug.2014
also contain a tax free Non Pid portion. Best illustrated in the attached images.
(They are foreign dividends, but are regarded as local dividends for tax purposes - just like SAB, BTI etc.
Real estate investment companies like NEPI ROC etc. are treated the same way for tax purposes but withholding tax is the normal 15% on ZA dividends).
A great Rand hedge that more than held its own during the Aug/Sept turmoil and down trend. See graph.