Yep, the annual report reminds everyone of the stable underlying...

Yep, the annual report reminds everyone of the stable underlying earnings, and growth should at least be around the typical 3% mark (obviously not a growth stock).

Those underlying earnings are ~5c per share.

They have no more class actions and the balance sheet is strong and well under control

Since growth is slowing down, the loan book is reducing its demands on the cash flow. 2c dividend per annum should be imminent and it can climb up to 4c from there over a couple of years.

This should be 25c soon enough and can get over 30c in 12 months once dividends restart.