How much dividend does Codan pay?
Over the past 12 months, Codan paid a dividend of 0.26 AUD . This corresponds to a dividend yield of about 2.31 %. For the coming 12 months, Codan is expected to pay a dividend of 0.28 AUD.
Codan Dividend 2024
Codan Dividend
0.26 AUD
Codan Dividend yield
2.31 %
Ticker
CDA.AX
ISIN
AU000000CDA3
WKN
A0DJ8C
How much dividend does Codan 2024 pay?
According to the latest status from June 2024, Codan paid a total of 0.26 AUD per share in dividends within the last 12 months. With the current Codan price of 11.45 AUD, this corresponds to a dividend yield of 2.31 %. A dividend is paid times per year.
| 2.31 % Dividend Yield | = |
|
Historical Codan Dividends
A dividend is paid times per year. Last year, the payout months were March and October.
| Paydate | Dividend |
|---|---|
| 3/26/2024 | 0.15 |
| 10/5/2023 | 0.14 |
| 3/23/2023 | 0.13 |
| 9/25/2022 | 0.21 |
| 3/23/2022 | 0.19 |
| 9/25/2021 | 0.24 |
| 3/24/2021 | 0.15 |
| 9/27/2020 | 0.16 |
| 3/26/2020 | 0.11 |
| 9/29/2019 | 0.07 |
| 3/26/2019 | 0.04 |
| 10/1/2018 | 0.06 |
| 4/14/2018 | 0.06 |
| 10/14/2017 | 0.04 |
| 4/14/2017 | 0.04 |
| 10/14/2016 | 0.06 |
| 4/11/2016 | 0.03 |
| 10/11/2015 | 0.03 |
| 4/12/2015 | 0.02 |
| 10/10/2014 | 0.02 |
1
2
3
Codan Stock Dividend AU000000CDA3 · A0DJ8C
In 2023, Codan paid a dividend amounting to 0.26 AUD. Dividend means that Codan distributes a portion of its profits to its owners.
3 years
5 years
10 years
Max
Dividend
Dividend (Estimate)
Details
Dividend
ⓘDividend Overview
The dividend per year chart for Codan provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Codan’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Codan's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Codan Dividend History
| Date | Codan Dividend |
|---|---|
| 2027e | 0.28 AUD |
| 2026e | 0.28 AUD |
| 2025e | 0.28 AUD |
| 2024e | 0.28 AUD |
| 2023 | 0.26 AUD |
| 2022 | 0.4 AUD |
| 2021 | 0.39 AUD |
| 2020 | 0.26 AUD |
| 2019 | 0.09 AUD |
| 2018 | 0.12 AUD |
| 2017 | 0.1 AUD |
| 2016 | 0.09 AUD |
| 2015 | 0.05 AUD |
| 2014 | 0.04 AUD |
| 2013 | 0.19 AUD |
| 2012 | 0.14 AUD |
| 2011 | 0.13 AUD |
| 2010 | 0.11 AUD |
| 2009 | 0.09 AUD |
| 2008 | 0.09 AUD |
| 2007 | 0.09 AUD |
| 2006 | 0.09 AUD |
| 2005 | 0.09 AUD |
| 2004 | 0.08 AUD |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0.08 AUD | 0 AUD |
| 2005 | 0.09 AUD | 0 AUD |
| 2006 | 0.09 AUD | 0 AUD |
| 2007 | 0.09 AUD | 0 AUD |
| 2008 | 0.09 AUD | 0 AUD |
| 2009 | 0.09 AUD | 0 AUD |
| 2010 | 0.11 AUD | 0 AUD |
| 2011 | 0.13 AUD | 0 AUD |
| 2012 | 0.14 AUD | 0 AUD |
| 2013 | 0.19 AUD | 0 AUD |
| 2014 | 0.04 AUD | 0 AUD |
| 2015 | 0.05 AUD | 0 AUD |
| 2016 | 0.09 AUD | 0 AUD |
| 2017 | 0.1 AUD | 0 AUD |
| 2018 | 0.12 AUD | 0 AUD |
| 2019 | 0.09 AUD | 0 AUD |
| 2020 | 0.26 AUD | 0 AUD |
| 2021 | 0.39 AUD | 0 AUD |
| 2022 | 0.4 AUD | 0 AUD |
| 2023 | 0.26 AUD | 0 AUD |
| 2024e | 0 AUD | 0.28 AUD |
| 2025e | 0 AUD | 0.28 AUD |
| 2026e | 0 AUD | 0.28 AUD |
| 2027e | 0 AUD | 0.28 AUD |
Is the Codan Dividend Safe?
Codan has been increasing the dividend for 4 years.
Over the past 10 years, Codan has increased it by an annual 3.591 %.
Over a five-year period, the distribution increased by 16.829%.
Analysts expect a Dividend Increase of 3.412% for the current fiscal year.
Codan Stock Payout Ratio AU000000CDA3 · A0DJ8C
In 2023, Codan had a payout ratio of 74.63%. The payout ratio indicates the percentage of the company's profits that Codan distributes as dividends.
3 years
5 years
10 years
Max
Payout ratio
Details
Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Codan represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Codan could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Codan's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Codan Payout Ratio History
| Date | Codan Payout ratio |
|---|---|
| 2027e | 74.26 % |
| 2026e | 74.35 % |
| 2025e | 73.76 % |
| 2024e | 74.67 % |
| 2023 | 74.63 % |
| 2022 | 72 % |
| 2021 | 77.38 % |
| 2020 | 74.51 % |
| 2019 | 36.4 % |
| 2018 | 52.57 % |
| 2017 | 41.25 % |
| 2016 | 98.54 % |
| 2015 | 71.14 % |
| 2014 | 85.71 % |
| 2013 | 71.43 % |
| 2012 | 104.4 % |
| 2011 | 98.9 % |
| 2010 | 126.98 % |
| 2009 | 132.65 % |
| 2008 | 928.57 % |
| 2007 | 132.65 % |
| 2006 | 171.43 % |
| 2005 | 85.71 % |
| 2004 | 71.43 % |
| Payout ratio | |
|---|---|
| 2004 | 71.43 % |
| 2005 | 85.71 % |
| 2006 | 171.43 % |
| 2007 | 132.65 % |
| 2008 | 928.57 % |
| 2009 | 132.65 % |
| 2010 | 126.98 % |
| 2011 | 98.9 % |
| 2012 | 104.4 % |
| 2013 | 71.43 % |
| 2014 | 85.71 % |
| 2015 | 71.14 % |
| 2016 | 98.54 % |
| 2017 | 41.25 % |
| 2018 | 52.57 % |
| 2019 | 36.4 % |
| 2020 | 74.51 % |
| 2021 | 77.38 % |
| 2022 | 72 % |
| 2023 | 74.63 % |
| 2024e | 74.67 % |
| 2025e | 73.76 % |
| 2026e | 74.35 % |
| 2027e | 74.26 % |
Dividend Details
Understanding Codan's Dividend Distributions
Codan’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Codan's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Codan's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Codan’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Codan Aktienanalyse
What does Codan do?
Codan Limited is an Australian company specializing in the development and production of radio communication systems and metal detectors. The company was founded in Adelaide, Australia in 1959 and initially focused on developing radio communication systems for agriculture and other industries. In the 1980s, Codan expanded into markets outside of Australia and began offering a wider range of products. Today, the company has branches in North America, Europe, the Middle East, and Africa, and is one of the leading providers of radio communication systems and metal detectors worldwide. Codan's business model is focused on manufacturing high-quality and reliable devices for communication and metal detection. The company produces devices for professional use, such as for government agencies, military, commercial companies, as well as for the leisure sector. Codan's divisions can be divided into two main categories: communication systems and metal detectors. In the field of communication systems, the company offers a variety of devices including two-way radios, data radios, satellite communication devices, and transmission systems. These devices are typically custom-made according to customer requirements. In the metal detector sector, Codan is a global leader and offers a wide range of professional-grade products including ground search devices, hand detectors, security detectors, and probes. Codan's metal detectors are used in various fields including archaeology, mining, security, and search and rescue operations. In addition to the aforementioned divisions, Codan also offers services such as repair, maintenance, and technical support to ensure that customers receive the best possible service at all times. Some of Codan's product highlights include the Codan NGT series HF two-way radios, which offer a wide range of advanced features including dynamic noise suppression, one-button operation, and full encryption capability. Another product line from Codan is the MT series of metal detectors, which are known for their high sensitivity, lightweight design, and ease of use. In summary, Codan Limited is a leading company specializing in the development and manufacturing of radio communication systems and metal detectors, catering to both professional and leisure sectors. With a wide range of products and services, as well as highly skilled employees, Codan aims to provide customers with the best and most reliable devices at all times. Codan is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about Codan Stock
What is the dividend yield of Codan?
The current dividend yield of Codan is 2.31 %.
When does Codan pay dividends?
Codan pays a quarterly dividend. This is distributed in the months of September, March, October, March.
How secure is the dividend of Codan?
Codan paid dividends every year for the past 24 years.
What is the dividend of Codan?
For the upcoming 12 months, dividends amounting to 0.28 AUD are expected. This corresponds to a dividend yield of 2.47 %.
In which sector is Codan located?
Codan is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Codan kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Codan from 3/12/2024 amounting to 0.15 AUD, you needed to have the stock in your portfolio before the ex-date on 2/26/2024.
When did Codan pay the last dividend?
The last dividend was paid out on 3/12/2024.
What was the dividend of Codan in the year 2023?
In the year 2023, Codan distributed 0.4 AUD as dividends.
In which currency does Codan pay out the dividend?
The dividends of Codan are distributed in AUD.
Andere Kennzahlen von Codan
Our stock analysis for Codan Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Codan Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
