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Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of MIMO MESH; DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions. The Metal Detection segment designs, develops, manufactures, and markets metal detection equipment, such as handheld metal detecting technologies for recreational, gold mining, demining, and military markets. The company sells its products through a network of dealers, distributors, and agents in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and internationally. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia.

Codan Dividend Announcement

Codan announced a semi annually dividend of A$0.12 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-03
Codan annual dividend for 2024 was A$0.22
Codan annual dividend for 2023 was A$0.18
Codan's trailing twelve-month (TTM) dividend yield is 1.42%
Codan's payout ratio for the trailing twelve months (TTM) is 44.56%
Codan's dividend growth over the last five years (2018-2023) was 18.25% year
Codan's dividend growth over the last ten years (2013-2023) was 3.59% year

Codan Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03A$0.12semi annually2024-09-18
2024-02-26A$0.10semi annually2024-03-12
2023-09-05A$0.10semi annually2023-09-20
2023-02-23A$0.09semi annually2023-03-10
2022-08-25A$0.15semi annually2022-09-07
2022-02-23A$0.13semi annually2022-03-10
2021-08-25A$0.17semi annually2021-09-10
2021-02-24A$0.10semi annually2021-03-11
2020-08-27A$0.11semi annually2020-09-11
2020-02-26A$0.07semi annually2020-03-12
2019-08-29A$0.03semi annually2019-09-13
2019-02-26A$0.03semi annually2019-03-13
2018-08-31A$0.04semi annually2018-09-14
2018-03-14A$0.04semi annually2018-04-03
2017-09-14A$0.03semi annually2017-10-03
2017-03-14A$0.03semi annually2017-04-03
2016-09-14A$0.04semi annually2016-10-04
2016-03-11A$0.02semi annually2016-04-01
2015-09-11A$0.02semi annually2015-10-01
2015-03-12A$0.01semi annually2015-04-01
2014-09-10A$0.01semi annually2014-10-01
2014-03-07A$0.01semi annually2014-04-01
2013-09-09A$0.07semi annually2013-10-01
2013-03-08A$0.06semi annually2013-04-02

Codan Dividend per year

Codan Dividend growth

Codan Dividend Yield

Codan current trailing twelve-month (TTM) dividend yield is 1.42%. Interested in purchasing Codan stock? Use our calculator to estimate your expected dividend yield:

Codan Financial Ratios

P/E ratio35.34
PEG ratio0.35
P/B ratio6.43
ROE18.81%
Payout ratio44.56%
Current ratio1.67
Quick ratio0.96
Cash Ratio0.13

Codan Dividend FAQ

How much is the next Codan dividend?
Codan's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Codan dividend. The next Codan dividend will be released in February, or September.
When is Codan dividend paid?
Codan pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Codan pay?
The specific amount of Codan dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Codan's dividend history.
Does Codan stock pay dividends?
Yes, Codan does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Codan's dividend history.
How much dividend does Codan pay?
Codan paid A$0.225 in 2024, A$0.185 in 2023, A$0.28 in 2022, A$0.27 in 2021, and A$0.185 in 2020.
How often does Codan pay dividends?
Codan typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and September.
What is Codan's dividend yield?
The current dividend yield for Codan is 1.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Codan's exact dividend yield.
When does Codan go ex dividend?
Codan's ex-dividend date for the latest dividend was on 2024-09-03. Codan typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Codan dividend paid?
Codan pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will Codan increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Codan will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Codan dividend per share?
Codan paid A$0.225 per share in 2024 and A$0.185 per share in 2023. The amount of dividend per share that Codan pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Codan a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Codan a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Codan a dividend stock?
Yes, Codan is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Codan a good dividend stock?
Whether Codan is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Codan has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Codan as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Codan pay dividends monthly?
Codan typically pays dividends on a semi annually basis.
Does Codan pay dividends quarterly?
Codan currently pays dividends on a semi annually basis.
Has Codan ever paid a dividend?
Yes, Codan has a history of paying dividends to its shareholders. Codan is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Codan dividend stocks?
To buy Codan you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Codan stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Codan pay dividends 2024?
Codan pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Codan increase its dividend in 2024?
Decisions regarding Codan dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Codan dividend overview you can look into the above table of dividend history.
How Codan dividend works?
The Codan dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Codan's dividend process works:

1. Determination of Dividend: Codan's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Codan publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Codan distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Codan are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Codan dividends paid?
Codan dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Codan sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Codan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Codan declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Codan pay dividends?
Codan typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Codan pay dividends?
The general pattern is that Codan pays dividends around February, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Codan dividend safe?
The safety of Codan's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Codan's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Codan's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.