Dividend estimate

Earning per share for 1H this year is 2.07 cents per share, usually 2H sale is much higher than 1H, however let assume it is equal to 1H. Therefore EPS 2H comes in at around 2 cents.

This give an overall EPS for 2017 to be 4 cents.

Management have previously indicate that they will pay out at least 20% of EPS as dividend

Therefore expect at least 0.8 cent per share dividend

At current price of 3.5 cents per share, That’s 22.8% p.a