Codan Dividend

Dividend criteria checks 3/6

Codan is a dividend paying company with a current yield of 1.83% that is well covered by earnings.

Key information

1.8%

Dividend yield

48%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareAU$0.41
Dividend yield forecast in 3Y2.3%

Recent dividend updates

Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 31
Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year

Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's

Aug 21
Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Should You Think About Buying Codan Limited (ASX:CDA) Now?

May 08
Should You Think About Buying Codan Limited (ASX:CDA) Now?

An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 32% Undervalued

Apr 24
An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 32% Undervalued

Capital Allocation Trends At Codan (ASX:CDA) Aren't Ideal

Mar 26
Capital Allocation Trends At Codan (ASX:CDA) Aren't Ideal

There's Reason For Concern Over Codan Limited's (ASX:CDA) Massive 27% Price Jump

Feb 22
There's Reason For Concern Over Codan Limited's (ASX:CDA) Massive 27% Price Jump

A Look At The Fair Value Of Codan Limited (ASX:CDA)

Nov 30
A Look At The Fair Value Of Codan Limited (ASX:CDA)

Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 31
Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year

Codan (ASX:CDA) Has A Pretty Healthy Balance Sheet

Jun 23
Codan (ASX:CDA) Has A Pretty Healthy Balance Sheet

Some Investors May Be Worried About Codan's (ASX:CDA) Returns On Capital

Apr 13
Some Investors May Be Worried About Codan's (ASX:CDA) Returns On Capital

Time To Worry? Analysts Are Downgrading Their Codan Limited (ASX:CDA) Outlook

Oct 28
Time To Worry? Analysts Are Downgrading Their Codan Limited (ASX:CDA) Outlook

Codan (ASX:CDA) Is Aiming To Keep Up Its Impressive Returns

Oct 27
Codan (ASX:CDA) Is Aiming To Keep Up Its Impressive Returns

Is Codan (ASX:CDA) Using Too Much Debt?

Oct 11
Is Codan (ASX:CDA) Using Too Much Debt?

Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Sep 26
Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Should You Investigate Codan Limited (ASX:CDA) At AU$7.67?

Aug 19
Should You Investigate Codan Limited (ASX:CDA) At AU$7.67?

Is There An Opportunity With Codan Limited's (ASX:CDA) 50% Undervaluation?

Jul 18
Is There An Opportunity With Codan Limited's (ASX:CDA) 50% Undervaluation?

Capital Investment Trends At Codan (ASX:CDA) Look Strong

Jun 28
Capital Investment Trends At Codan (ASX:CDA) Look Strong

These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Safely

May 31
These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Safely

Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Apr 04
Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Capital Investment Trends At Codan (ASX:CDA) Look Strong

Mar 07
Capital Investment Trends At Codan (ASX:CDA) Look Strong

Analysts Just Made A Major Revision To Their Codan Limited (ASX:CDA) Revenue Forecasts

Feb 21
Analysts Just Made A Major Revision To Their Codan Limited (ASX:CDA) Revenue Forecasts

Codan (ASX:CDA) Could Easily Take On More Debt

Feb 17
Codan (ASX:CDA) Could Easily Take On More Debt

Is Codan Limited (ASX:CDA) Trading At A 45% Discount?

Jan 19
Is Codan Limited (ASX:CDA) Trading At A 45% Discount?

Does Codan (ASX:CDA) Deserve A Spot On Your Watchlist?

Dec 20
Does Codan (ASX:CDA) Deserve A Spot On Your Watchlist?

Investors Should Be Encouraged By Codan's (ASX:CDA) Returns On Capital

Dec 06
Investors Should Be Encouraged By Codan's (ASX:CDA) Returns On Capital

An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 33% Undervalued

Oct 05
An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 33% Undervalued

Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's

Aug 21
Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's

Returns On Capital Are A Standout For Codan (ASX:CDA)

Aug 13
Returns On Capital Are A Standout For Codan (ASX:CDA)

Calculating The Fair Value Of Codan Limited (ASX:CDA)

Jul 06
Calculating The Fair Value Of Codan Limited (ASX:CDA)

Is Now The Time To Put Codan (ASX:CDA) On Your Watchlist?

Jun 03
Is Now The Time To Put Codan (ASX:CDA) On Your Watchlist?

Is Codan Limited's (ASX:CDA) 1.2% Dividend Worth Your Time?

Apr 08
Is Codan Limited's (ASX:CDA) 1.2% Dividend Worth Your Time?

A Look At The Intrinsic Value Of Codan Limited (ASX:CDA)

Mar 24
A Look At The Intrinsic Value Of Codan Limited (ASX:CDA)

Codan (ASX:CDA) Knows How To Allocate Capital Effectively

Mar 09
Codan (ASX:CDA) Knows How To Allocate Capital Effectively

Analysts Just Published A Bright New Outlook For Codan Limited's (ASX:CDA)

Feb 22
Analysts Just Published A Bright New Outlook For Codan Limited's (ASX:CDA)

Be Sure To Check Out Codan Limited (ASX:CDA) Before It Goes Ex-Dividend

Feb 21
Be Sure To Check Out Codan Limited (ASX:CDA) Before It Goes Ex-Dividend

Stability 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
How does CDA dividend yield compare to the market?
SegmentDividend Yield
Company (CDA)1.8%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.2%
Industry Average (Electronic)1.7%
Analyst forecast in 3 Years (CDA)2.3%

Notable Dividend: CDA's dividend (1.83%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: CDA's dividend (1.83%) is low compared to the top 25% of dividend payers in the Australian market (6.2%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (48.4%), CDA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (66.7%), CDA's dividend payments are covered by cash flows.


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