Codan Stock

Codan Dividend

The Dividend of Codan (CDA.AX) as of Jul 18, 2026 is 0.41 AUD. In the previous year, Dividend was 0.32 AUD — a change of 26.67% (higher).

Dividend

0.41AUD

YoY

26.67%

Dividend yield

0.94 %

Last updated:

How much dividend does Codan 2026 pay?

According to the latest status from July 2026, Codan paid a total of 0.41 AUD per share in dividends within the last 12 months. With the current Codan price of 43.46 AUD, this corresponds to a dividend yield of 0.81 %. A dividend is paid times per year.

At today's price the dividend yield works out to roughly 0.94%. The payout ratio is around 72% of earnings. The dividend has grown at 8.5% per year over the past 19 years.

Historical Codan Dividends

A dividend is paid times per year. Last year, the payout months were March and October.

PaydateDividend
10/2/20250.23AUD
3/28/20250.18AUD
10/3/20240.17AUD
3/26/20240.15AUD
10/5/20230.14AUD
3/23/20230.13AUD
9/25/20220.21AUD
3/23/20220.19AUD
9/25/20210.24AUD
3/24/20210.15AUD
9/27/20200.16AUD
3/26/20200.11AUD
9/29/20190.07AUD
3/26/20190.06AUD
10/1/20180.06AUD
4/14/20180.06AUD
10/14/20170.06AUD
4/14/20170.04AUD
10/14/20160.06AUD
4/11/20160.03AUD

Codan dividend history and estimates

In 2025, Codan paid a dividend amounting to 0.41 AUD. Dividend means that Codan distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.39 AUD
0.00 AUD
Jan 1, 2022
0.40 AUD
0.00 AUD
Jan 1, 2023
0.26 AUD
0.00 AUD
Jan 1, 2024
0.32 AUD
0.00 AUD
Jan 1, 2025
0.41 AUD
0.00 AUD
Jan 1, 2026 (e)
0.23 AUD
0.23 AUD
Jan 1, 2027 (e)
0.00 AUD
0.52 AUD
Jan 1, 2028 (e)
0.00 AUD
0.60 AUD

Is the Codan Dividend Safe?

Codan has been increasing the dividend for 2 years.

Over the past 10 years, Codan has increased it by an annual 23.33%.

Over a five-year period, the distribution rose by 9.03%.

Analysts expect a Dividend Increase of 5.96% for the current fiscal year.

Codan dividend payout ratio

In 2025, Codan had a payout ratio of 71.69%. The payout ratio indicates the percentage of the company's profits that Codan distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
77.37 %
Jan 1, 2022
71.99 %
Jan 1, 2023
70.74 %
Jan 1, 2024
71.81 %
Jan 1, 2025
71.69 %
Jan 1, 2026 (e)
57.13 %
Jan 1, 2027 (e)
55.28 %
Jan 1, 2028 (e)
55.17 %

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 Stock analysis

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.

Frequently Asked Questions about Codan stock

Over the past 12 months, Codan paid a dividend of 0.41 AUD . This corresponds to a dividend yield of about 0.94 %. For the coming 12 months, Codan is expected to pay a dividend of 0.52 AUD.

Dividend calendar 2026
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