SIP 1.55% $1.31 sigma pharmaceuticals limited

Hi sorry for my ignorance as it sounds too good to be true but...

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    Hi sorry for my ignorance as it sounds too good to be true but does that mean if i have 34000 thousand shares at 15c per dividend i will be getting $5100 on the 11th of May, if so woohoo
 
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Currently unlisted public company.

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