Codan Dividend

What is Codan current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.09%

Current Dividend Yield

Dividend Yield vs Market

Codan Dividend Yield vs Market
How does CDA dividend yield compare to the market?
SegmentDividend Yield
Company (CDA)7.1%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.9%
Industry Average (Electronic)2.1%
Analyst forecast in 3 Years (CDA)5.4%

Notable Dividend: CDA's dividend (7.09%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: CDA's dividend (7.09%) is in the top 25% of dividend payers in the Australian market (6.94%)


Stability and Growth of Payments

How stable has Codan's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20250.234
6/30/20240.226
6/30/20230.197
11/29/20220.287.09
8/19/20220.285.49
2/16/20220.293.99
8/18/20210.272.5
8/19/20200.221.63
2/19/20200.152.22
8/26/20190.142.24
8/23/20180.134.03
7/16/20180.134.49
2/21/20180.083.04
8/30/20170.073.1
2/22/20170.073.1
8/26/20160.084.72
8/23/20160.086.47
8/24/20150.044.6
7/15/20150.043.42
2/23/20150.032.73
8/20/20140.034.02
7/15/20140.034.05
2/19/20140.08512.2
8/21/20130.1410
9/5/20120.0954.19
8/6/20120.0956.5

Stable Dividend: CDA's dividend payments have been volatile in the past 10 years.

Growing Dividend: CDA's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.3%), CDA's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (288.9%), CDA's dividend payments are not well covered by cash flows.


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