The texture Displays wrong
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The item models for dispenser and dropper when dropped shows both faces:
[media][media]
Can confirm bug still exists in 0.15.1

similar bug with furnaces also shows them in the on and off state.
sadly dont know how to put a picture in here

Still in 0.15.4.

This bug has been reported to our internal bug tracker for further testing and a fix. It is scheduled to be fixed in one of the future updates (no specific date can be provided).
As of 0.16 beta build 4 (0.15.90.7) The item model in the inventory appears correctly, but still has the wrong texture when dropped or in an item frame.
[media]
I get it in 0.15.0

Fixed in 1.0.0 (build 3)
The incorrect item model for these containers is still present in 0.15.0 b2.
[media]The holes of the upturned dispenser and dropper are shown; round and rectangular.