Codan Dividends and Buybacks
Dividend criteria checks 3/6
Codan is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.240 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Codan Limited's (ASX:CDA) Shares Climb 27% But Its Business Is Yet to Catch Up
Sep 04
Codan Limited's (ASX:CDA) Price Is Out Of Tune With Earnings
Jun 13Should You Think About Buying Codan Limited (ASX:CDA) Now?
May 08An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 32% Undervalued
Apr 24Capital Allocation Trends At Codan (ASX:CDA) Aren't Ideal
Mar 26There's Reason For Concern Over Codan Limited's (ASX:CDA) Massive 27% Price Jump
Feb 22A Look At The Fair Value Of Codan Limited (ASX:CDA)
Nov 30Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 31Codan (ASX:CDA) Has A Pretty Healthy Balance Sheet
Jun 23Some Investors May Be Worried About Codan's (ASX:CDA) Returns On Capital
Apr 13Time To Worry? Analysts Are Downgrading Their Codan Limited (ASX:CDA) Outlook
Oct 28Codan (ASX:CDA) Is Aiming To Keep Up Its Impressive Returns
Oct 27Is Codan (ASX:CDA) Using Too Much Debt?
Oct 11Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching
Sep 26Should You Investigate Codan Limited (ASX:CDA) At AU$7.67?
Aug 19Is There An Opportunity With Codan Limited's (ASX:CDA) 50% Undervaluation?
Jul 18Capital Investment Trends At Codan (ASX:CDA) Look Strong
Jun 28These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Safely
May 31Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching
Apr 04Capital Investment Trends At Codan (ASX:CDA) Look Strong
Mar 07Analysts Just Made A Major Revision To Their Codan Limited (ASX:CDA) Revenue Forecasts
Feb 21Codan (ASX:CDA) Could Easily Take On More Debt
Feb 17Is Codan Limited (ASX:CDA) Trading At A 45% Discount?
Jan 19Does Codan (ASX:CDA) Deserve A Spot On Your Watchlist?
Dec 20Investors Should Be Encouraged By Codan's (ASX:CDA) Returns On Capital
Dec 06An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 33% Undervalued
Oct 05Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's
Aug 21Returns On Capital Are A Standout For Codan (ASX:CDA)
Aug 13Calculating The Fair Value Of Codan Limited (ASX:CDA)
Jul 06Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Codan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CDA) | 1.5% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Electronic) | 1.8% |
| Analyst forecast (CDA) (up to 3 years) | 2.3% |
Notable Dividend: CDA's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CDA's dividend (1.51%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), CDA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), CDA's dividend payments are covered by cash flows.