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 | €0.240 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UL4's dividend payments have been volatile in the past 10 years.
Growing Dividend: UL4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Codan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UL4) | 1.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Electronic) | 2.1% |
| Analyst forecast (UL4) (up to 3 years) | 2.3% |
Notable Dividend: UL4's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: UL4's dividend (1.51%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), UL4's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), UL4's dividend payments are covered by cash flows.