I agree I just happen to think the yield will fall mainly for a different reason- ie. rising SP. Your implication is that the dividend will be cut whereas I see no evidence for this at the moment. The company has the same capital base and the same earnings forecast for FY16 as it generated in FY15. Thus why would the dividend need to be cut compared to last year? And even if they cut it a massive 20%, that's still 8cps which is a very high yield.
Companies are loathe to cut dividends and especially when they are already out of favour with the market.
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