Ann: Yancoal debt prepayment of US$459 million, page-10

A simple calculations USD 2.5 billion paid in last 15 months and a dividend of A$ 1.224 per share. On a conservative basis, this is likely to be repeated in next 15 months. With debt nearly paid and no plan for buyback, atleast USD 2 billion plus A$ 1.224 per share likely to be paid in the form of dividend in next 15 months. On a further simplistic calculation it is A$ 3.64 per share.
We can expect a dividend of close to A$ 1.5 in March 23. With uncertainty from federal and state Govt over, a strong investment case purely on dividend play.
DYOR