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 yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.41 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (CDA) | 1.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Electronic) | 1.8% |
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 (2.61%).
High Dividend: CDA's dividend (1.83%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).
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.