I took the plunge and purchased a modicum of these today at 0.28c/share.
The declared dividend is 2c (100% franked) and will be payable on 1 Aug (the day before my 54th birthday - I can't believe that I have lived THAT long!! ;o) Shares have to be registered by 18 Jul. AFAIK that rates as a before tax dividend yield of 7.14% at the current share price!!
FYI I'm retired and day trading for income (whether through growth of the share price or alternatively defensive dividend accrual that I can rely on if the $hit hits the fan with share price and I decide to hold in the meantime... Kresta sell blinds and window trimmings/fittings which SHOULD continue to be reasonably saleable even in a moderate housing/economic downturn. Plus, they have been paying divs even through the hard times.
KRS recently restructured big-time (hence the massive fall in share price up to recently) but this should place them well going forward and the balance sheet is still looking ok... fingers crossed on this one over the coming months...
PS: As always - DO YOUR OWN RESEARCH!!!!
PPS: THIS IS A HEADS-UP .... NOT A RAMP!!!!