I agree. If they pay 10%, you will get 0.8 cent.
If they pay 20%, you will get 1.6 cents dividend.
That's in September. If you buy WMC today at 25 cents, a 0.8 cent dividend will be 3.2% for holding for 4 months. That equates to a dividend yield of 9.6% p.a. Which is pretty good!
Of course if you keep holding, the 2017 dividend will be what it is for the year (not for 4 months).
Confirmation of profit, page-32
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