.52 cents per share when the "street" thinks it will be .44 --- that is good news. Dividend is .39 per share. This is a solid company and a good place to park some money for the dividends and the potential increase in value....Just my opinion.
To play devil's advocate, the market does not seem to agree with you as the stock is selling off after the initial bump.
First, the analysts seldomly know what they are doing. Second, what makes a company "solid?" I agree they don't appear to have any liquidity concerns, but the loss of revenues is not a metric associated with "solid" companies. I have learned not to place to much emphasis on dividends as a sign of strength. A rising dividend (not just a token penny increase) is a better sign, but there is plenty of history of stocks that had "good" dividends before they shredded them (e.g. most of the bank stocks). A yield of 12% may not be enough to compensate for the risk.