Hindsite is great. It means that as soon as a stock (that yopu have purchased) goes down a bit you sell it and then miss the potential of a rebound...hmm?
THEY are NOT "wrong". They base their calculation on the PAST year (don't account for changes in dividends during the PAST year).
That's based on the payments for the LAST year. NOT going forward. Therefore not accounting for the dividend cut.
My University of Granada Doctor's degree in B.S. tells me that all that matters today is that the PPS is up 3.9%.