They have signalled in the recent presentation $A78 million (...

They have signalled in the recent presentation $A78 million ( not US$) will be paid out, divide by number of shares = 4c divvy, unfranked I guess but whose complaining !!
I agree that on future conservative earnings a 5c per annum divvy is quite realistic, in fact could be exceeded. However you cut the mustard its a fantastic yield at current share price.

I don't expect the SP to retrace on going ex-divvy, at least not by much, maybe a cent or two, but that just makes future divvy yield even better if buying on any dip. Some big international players with large holdings in this stock, any dip I imagine would prompt them also to increase their holdings, so I honestly believe any ex-divvy date drop would be minimal and short lived and a great buy if you are an investor as opposed to a trader