Hey Anon, the EPS in FY 20 was 18c and paid out 8c in divi. 8c is 44% of the total 18c.
If SBM hits the lower end of guidance with an average gold price equivalent of $2400 AUD then they will earn 51c per share (EPS for FY21). Assuming they pay out 44% of their earnings (51c) then the dividend would be 23c
At the current share price of approximately $3.40 a dividend of 23c is equivalent to 6.6% yield.
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