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The board of Codan Limited (ASX:CDA) has announced that it will be increasing its dividend on the 10th of March to AU$0.13. This will take the dividend yield from 3.6% to 3.6%, providing a nice boost to shareholder returns.
View our latest analysis for Codan
Codan's Payment Has Solid Earnings Coverage
Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Prior to this announcement, Codan's dividend was only 54% of earnings, however it was paying...
>>> Read more: Codan's (ASX:CDA) Shareholders Will Receive A Bigger Dividend Than Last Year
View our latest analysis for Codan
Codan's Payment Has Solid Earnings Coverage
Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Prior to this announcement, Codan's dividend was only 54% of earnings, however it was paying...
>>> Read more: Codan's (ASX:CDA) Shareholders Will Receive A Bigger Dividend Than Last Year
