If you want the best guide to a f/c dividend stew multiply the fav price by the without fav market and it should give you the best guide as a double is what effectively a f/c is.
So clearly that f/c was going to pay far better than 1.6 , have a view on the price discrepancy though because if they're too close when comparing ( providing there's a f/c market ) then obviously the w/o fav could be better value as the fav may get beat.
Know the liquidity may not be there but it will give you the best guide to the potential f/c dividend.
Good luck
If you want the best guide to a f/c dividend stew multiply the fav price by the without fav market and it should give you the best guide as a double is what effectively a f/c is.So clearly that f/c was going to pay far better than 1.6 , have a view o