I'm not sure I follow your maths.
PMP EPS for the whole of FY15 was 3.708c (prior to sig items). NPAT $12.1m.
So working off a share price of 50c (for ease of calculation) even if they paid out 100% as a div (once again for ease of calculation) - I come up with a yield of 7.416%. (Note future payments will be unfranked - at least in the near term).
Ann: Pricing Supplement, page-4
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