The dividend yield can most definelty be 7.5%. Infact if you look at the cash flow scenario shared during the investor day you will see at $70 brent the company can easily pay a 7.5% yield. At current SP it's A$1.90 per annum. Then with franking on top of that grossed up is higher than 10%.
people forget that dividends are paid from cash flow not earnings.
Woodside, page-1771
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