Codan Dividends and Buybacks
Dividend criteria checks 4/6
Codan is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | -8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.162 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CODA.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CODA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Codan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CODA.F) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electronic) | 2.3% |
| Analyst forecast (CODA.F) (up to 3 years) | 2.4% |
Notable Dividend: CODA.F's dividend (1.56%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CODA.F's dividend (1.56%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), CODA.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), CODA.F's dividend payments are covered by cash flows.