PLS 2.44% $4.20 pilbara minerals limited

The Macquarie estimate of 34c is likely for the full year and...

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    The Macquarie estimate of 34c is likely for the full year and likely to be paid in two parts, interim and final and both the same or the interim a little less than half.
    Whatever, a yearly total of 34c on a share price of $3.99 is 8.52% fully franked (ie, a bit over 12% gross). When you consider that the payment is, at most, 30% of earnings then earnings are expected to be about 28% (net) of current share price, which makes the current share price look ridiculously low, probably half to one third of what is reasonable.
 
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