Codan Ltd (ASX: CDA) Share Price and News

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Codan Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $10.93 billion
P/E Ratio 62.04
Dividend Yield 0.82%
Shares Outstanding 182.32 million
Earnings per share 0.959
Dividend per share 0.49
Year To Date Return 110.99%
Earnings Yield 1.61%
Franking 100%
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as at 24 Feb 3:44pm

  • Codan Ltd (ASX: CDA)
    Latest News

    CEO leading a board meeting.
    Technology Shares

    Codan's CEO is selling down his Codan shares. When is an insider selling a red flag?

    Codan shares have fallen 12% since its CEO announced he was selling 20% of his holding. Should investors be alarmed?

    Read more »

    A silhouette of a soldier flying a drone at sunset.
    Technology Shares

    Codan has issued yet another profit upgrade

    Strong demand for drone technology continues to drive growth.

    Read more »

    Colleagues checking out company's financial numbers on a laptop.
    Growth Shares

    A top fund manager is bullish on these ASX 200 shares

    One of the leading fund managers has picked out these stocks.

    Read more »

    Piggybank with an army helmet and a drone next to it, symbolising a rising DroneShield share price.
    Technology Shares

    Up more than 100% in a year, why Codan shares may still be cheap

    Drone warfare could underpin better than expected results.

    Read more »

    Technology written in orange in tech sector financial diagram.
    ASX Share Market News

    Tech shares shine while ASX 200 plunges to 4-month low

    Technology was the surprise performer, rising 7.34%, during a topsy-turvy week for the local bourse.

    Read more »

    Smiling man working on his laptop.
    Best Shares

    BHP vs Codan: Which ASX 200 share is the stronger buy today?

    BHP and Codan are both flying, but which ASX share is truly the better buy today? I break down the…

    Read more »

    A financial expert or broker looks worried as he checks out a graph showing market volatility.
    Broker Notes

    Buy, hold, sell: CBA, Capstone Copper, Codan shares

    Let's take a look at some new ratings from the experts.

    Read more »

    A woman looks shocked as she drinks a coffee while reading the paper.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a brutal day on the markets this Thursday.

    Read more »

    A young man punches the air in delight as he reacts to great news on his mobile phone.
    Share Gainers

    Which were the best-performing ASX 200 shares in September?

    These shares didn't let a falling market stop them from racing higher last month.

    Read more »

    A young investor working on his ASX shares portfolio on his laptop.
    Technology Shares

    Codan vs Xero: Which ASX tech stock is the better buy in October?

    Here’s which ASX tech giant I’d choose in October.

    Read more »

    Happy businessman fist pumping while looking at a tablet.
    Broker Notes

    Up 120%, is it too late to buy Codan shares?

    Bell Potter thinks this high-flying stock could keep rising.

    Read more »

    A man looking at his laptop and thinking.
    ASX Share Market News

    5 things to watch on the ASX 200 on Wednesday

    Here's what to expect on the local market on hump day.

    Read more »

    Frequently Asked Questions

    Yes, Codan has historically paid two fully franked shareholder dividends a year.

    Codan generally pays its dividends in March and September. 

    Yes, Codan has a dividend reinvestment plan that allows shareholders to use all or part of their dividend payments to purchase additional Codan shares.

    Codan Ltd listed on the ASX on 27 November 2003.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    01 Sep 2026 $0.2900 100.00% Final 16 Sep 2026
    25 Feb 2026 $0.1950 100.00% Interim 12 Mar 2026
    02 Sep 2025 $0.1600 100.00% Final 17 Sep 2025
    28 Feb 2025 $0.1250 100.00% Interim 17 Mar 2025
    03 Sep 2024 $0.1200 100.00% Final 18 Sep 2024
    26 Feb 2024 $0.1050 100.00% Interim 12 Mar 2024
    05 Sep 2023 $0.0950 100.00% Final 20 Sep 2023
    23 Feb 2023 $0.0900 100.00% Interim 10 Mar 2023
    25 Aug 2022 $0.1500 100.00% Final 07 Sep 2022
    23 Feb 2022 $0.1300 100.00% Interim 10 Mar 2022
    25 Aug 2021 $0.1650 100.00% Final 10 Sep 2021
    24 Feb 2021 $0.1050 100.00% Interim 11 Mar 2021
    27 Aug 2020 $0.1100 100.00% Final 11 Sep 2020
    26 Feb 2020 $0.0750 100.00% Interim 12 Mar 2020
    29 Aug 2019 $0.0500 100.00% Final 13 Sep 2019
    26 Feb 2019 $0.0250 100.00% Special Cash 13 Mar 2019
    26 Feb 2019 $0.0400 100.00% Interim 13 Mar 2019
    31 Aug 2018 $0.0450 100.00% Final 14 Sep 2018
    14 Mar 2018 $0.0400 100.00% Interim 03 Apr 2018
    14 Sep 2017 $0.0000 100.00% Special 03 Oct 2017
    14 Sep 2017 $0.0000 100.00% Final 03 Oct 2017
    14 Mar 2017 $0.0300 100.00% Special 03 Apr 2017
    14 Mar 2017 $0.0300 100.00% Interim 03 Apr 2017
    14 Sep 2016 $0.0400 100.00% Final 04 Oct 2016
    11 Mar 2016 $0.0200 100.00% Interim 01 Apr 2016
    09 Mar 2012 $0.0400 100.00% Interim 02 Apr 2012
    11 Mar 2011 $0.0400 100.00% Interim 01 Apr 2011
    14 Mar 2006 $0.0250 100.00% Interim 03 Apr 2006
    13 Sep 2005 $0.0350 100.00% Final 03 Oct 2005
    12 Mar 2004 $0.0250 100.00% Interim 01 Apr 2004

    CDA ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Codan Ltd

    Codan Ltd (ASX: CDA) develops electronics solutions for government, military, corporate, and consumer markets globally. The company provides products and services in communications, metal detection, and mining technology. Its businesses include Codan Communications, Minelab, Minetec, and Defence Electronics.

    Codan designs its own core products and has seven manufacturing facilities globally, including in Adelaide and Penang, Malaysia, where it can oversee production. It also has business, engineering, and technical support facilities in Canada, the US, the UK, Ireland, and the United Arab Emirates. The majority of the company's sales revenue is generated in the North American market. 

    CDA Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    30 Oct 2026 $59.50 $0.56 0.95% 443,975 $59.00 $59.72 $57.99
    29 Oct 2026 $58.94 $-0.18 -0.30% 250,521 $59.21 $60.18 $58.39
    28 Oct 2026 $59.12 $1.69 2.94% 469,384 $58.42 $59.26 $57.84
    27 Oct 2026 $57.43 $1.46 2.61% 908,291 $56.48 $57.68 $55.51
    26 Oct 2026 $55.97 $0.77 1.39% 448,483 $54.81 $56.78 $54.45
    23 Oct 2026 $55.20 $-1.33 -2.35% 1,029,667 $54.75 $55.65 $54.24
    22 Oct 2026 $56.53 $-4.97 -8.08% 928,522 $62.00 $62.17 $56.53
    21 Oct 2026 $61.50 $-0.94 -1.51% 303,475 $62.50 $62.95 $60.83
    20 Oct 2026 $62.44 $-0.25 -0.40% 412,009 $63.50 $63.90 $61.51
    19 Oct 2026 $62.69 $-0.21 -0.33% 262,485 $62.80 $62.93 $61.63
    16 Oct 2026 $62.90 $2.21 3.64% 897,058 $62.00 $62.96 $61.47
    15 Oct 2026 $60.69 $-1.63 -2.62% 1,406,639 $61.44 $61.87 $59.04
    14 Oct 2026 $62.32 $-0.96 -1.52% 602,636 $63.70 $63.95 $62.26
    13 Oct 2026 $63.28 $-4.07 -6.04% 596,462 $67.66 $67.70 $63.28
    12 Oct 2026 $67.35 $1.03 1.55% 716,977 $66.65 $67.99 $66.36
    09 Oct 2026 $66.32 $1.75 2.71% 322,922 $65.60 $66.53 $64.57
    08 Oct 2026 $64.57 $-0.88 -1.34% 508,596 $65.23 $66.27 $63.92
    07 Oct 2026 $65.45 $-0.10 -0.15% 432,367 $66.00 $66.98 $65.15
    06 Oct 2026 $65.55 $-2.96 -4.32% 595,338 $68.30 $68.69 $65.09
    05 Oct 2026 $68.51 $1.06 1.57% 413,145 $67.79 $69.13 $67.66

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    02 Sep 2026 Kathryn(Kathy) Gramp Issued 742 $49
    Issue of securities. 742 - NED Rights
    02 Sep 2026 Heith Mackay-Cruise Issued 1,855 $49
    Issue of securities. 1,855 - NED Rights
    02 Sep 2026 Sarah Adam-Gedge Issued 1,299 $0
    Issue of securities. 1,299 - NED Rights
    28 Aug 2026 Alfonzo (Alf) Ianniello Exercise 99,809 $4,852,713
    Conversion of securities. 202,281 - Rights
    28 Aug 2026 Alfonzo (Alf) Ianniello Buy 35,010 $1,031,258
    On-market trade.
    28 Aug 2026 Alfonzo (Alf) Ianniello Issued 99,809 $4,852,713
    Conversion of securities.
    25 Jun 2026 Heith Mackay-Cruise Buy 1,200 $52,014
    On-market trade.
    01 Jun 2026 Alfonzo (Alf) Ianniello Sell 54,474 $2,322,471
    As advised by the company. Disposal of shares to fund personal financial commitments and taxation liabilities.
    24 Feb 2026 Sarah Adam-Gedge Exercise 1,065 $31,370
    Conversion of securities.
    24 Feb 2026 Sarah Adam-Gedge Issued 1,065 $31,370
    Conversion of securities.
    24 Feb 2026 Kathryn(Kathy) Gramp Exercise 1,004 $29,573
    Conversion of securities.
    24 Feb 2026 Kathryn(Kathy) Gramp Issued 1,004 $29,573
    Conversion of securities.
    24 Feb 2026 Graeme Barclay Exercise 2,283 $67,248
    Conversion of securities.
    24 Feb 2026 Graeme Barclay Issued 2,283 $67,248
    Conversion of securities.
    24 Feb 2026 Heith Mackay-Cruise Exercise 2,131 $62,770
    Conversion of securities.
    24 Feb 2026 Heith Mackay-Cruise Issued 2,131 $62,770
    Conversion of securities.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Kathryn(Kathy) Joy Gramp Non-Executive Director Nov 2015
    Ms Gramp has had an executive career and over 27 years of board experience across a range of complex organizations and industry sectors. She has experience as Chair of Audit & Risk Committees. Prior to joining Codan, Kathy was CFO of Austereo Ltd. She joined Austereo in 1989 and retired in June 2011. Leadership roles and responsibilities included business planning & re-engineering, debt & equity raising, acquisitions & integration, capital investment, IT projects, corporate governance, risk management, financial management, tax & accounting, change management and investor & stakeholder relations. Further experience was obtained through exposure to international markets such as Greece, UK, USA, South Africa, Argentina, Malaysia, and New Zealand.
    Mr Graeme Barclay Non-Executive DirectorNon-Executive Chairman Feb 2015
    Mr Barclay is a former CEO with 40 years of experience in professional services, investment banking, broadcast and telecommunications infrastructure businesses. Over the past 20 years Graeme has held Executive Chair or Group CEO roles at BAI Communications, Transit Wireless LLC (New York), Nextgen Networks, Metronode data centres, Axicom group and for 8 years during this period was also an executive director in Macquarie Group's infrastructure team. In these roles, Graeme was responsible for all aspects of strategy, M&A, sales and business development, contract delivery and operations, as well as implementing the appropriate capital structure and raising equity and third-party debt for these businesses in Australia, UK, Hong Kong, Singapore, Canada, USA and New Zealand. Graeme is currently Executive Chair of GreenSquare DC, an institutionally owned data center owner and operator.
    Mr David Andrew Baxby Non-Executive Director Nov 2026
    Mr Baxby brings more than 30 years of international executive leadership across investment banking, private equity and board roles, with particular focus in industrial services, technology, mergers and acquisitions, international expansion and capital allocation. David past roles include being Managing Director of Wesfarmers Industrials, overseeing a diversified portfolio of businesses across the industrial services, resources, energy and chemicals sectors and he was Global Co-CEO of the Virgin Groups family office, having established and led its Asia Pacific operations, and CEO of Global Blue, a global technology platform. David is a Co-Founder of Coogee Capital, an Australian private equity investment firm, and was previously a Partner and Executive Director at Goldman Sachs in Sydney and London. He currently serves as Lead Independent Director of Washington H. Soul Pattinson and Company Limited (ASX: SOL), as Non-Executive Director of RediMed and Harris Farm Markets, and is Chancellor of Bond University.
    Mr Heith Wray Mackay-Cruise Non-Executive Director Mar 2023
    Mr Cruise has been involved in the media, education and technology sectors over the past 30 years. Heith is currently a National Board Director of the Australian Institute of Company Directors. In Heith's prior executive career, he was the founding CEO of Sterling Early Education, the Global CEO and Managing Director of Study Group, and CEO for PBL Media New Zealand. Heith also held senior executive positions with Australian Consolidated Press and worked in sales and marketing roles for PepsiCo around Australia. He is Chair of People Committee.
    Ms Sarah Elizabeth Adam-Gedge Non-Executive Director Feb 2023
    Ms Gedge has expertise in digital and technology businesses with an executive background that includes 12 years at IBM Global Business Services, and 8 years as CEO of Avanade Australia, Publicis Sapient Australia and Wipro Limited Australia and New Zealand. Sarah has international experience as a result of leadership roles in global information technology companies, and has experience driving organic and inorganic growth, managing customer relationships, and providing leadership to globally distributed teams. Prior to joining IBM, Sarah was a Consulting Managing Partner at PwC, and Audit and Business Consulting Partner at Arthur Andersen. She is Chair of Risk Committee.
    Mr Alfonzo (Alf) Ianniello Chief Executive OfficerManaging Director Jan 2022
    Mr Ianniello held numerous global executive leadership roles in his career spanning three decades. Alf has expertise across packaging, defense and automotive industries. Prior to joining Codan, Alf was Chief Executive Officer of Detmold Group for 14 years. Throughout this tenure, Alf identified growth opportunities and opened new markets and product lines to position the Australian family-owned and operated business as a global leader in the provision of sustainable packaging products. He then spent 7 years with Schefenacker Vision Systems, as a Customer Engineer and Branch Manager in the USA, before moving to the organization's Australian division in 2000 as Project Manager. In 2007, Alf was appointed Schefenacker's Australian Managing Director.
    Mr Michael (Mike) Barton Chief Financial OfficerJoint Company Secretary Sep 2009
    -
    Mr Daniel Widera Joint Company Secretary Sep 2022
    -
    Michael (Mike) Barton Chief Financial OfficerJoint Company Secretary
    -
    Pieter Guichelaar COO
    -
    Daniel Hutchinson General Manager Divisional
    -
    Daniel Widera Joint Company Secretary
    -
    Marjolijn Woods Other Executive Officer
    -
    Ben Harvey President and General Manager Divisional
    -
    Paul Sangster President and General Manager Divisional
    -
    Scott French President and General Manager Divisional
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 33,504,528 18.40%
    Mrs Pamela Maunsell Wall 26,808,151 14.70%
    J P Morgan Nominees Australia Pty Limited 22,573,301 12.40%
    Citicorp Nominees Pty Limited 22,079,962 12.10%
    Starform Pty Ltd 6,404,224 3.50%
    Kynola Pty Ltd 4,500,000 2.50%
    Dareel Pty Ltd <Campion College No 1 A/C> 4,418,292 2.40%
    Dareel Pty Ltd <Campion College No 2 A/C> 4,418,292 2.50%
    Dareel Pty Ltd <Campion College No 3 A/C> 4,418,292 2.40%
    Dareel Pty Ltd <Campion College No 4 A/C> 4,418,292 2.40%
    BNP Paribas Noms Pty Ltd 3,619,559 2.00%
    Mr Andrew Bettison <Andrew Bettison Family A/C> 3,562,124 2.00%
    Tamborine Pty Ltd <Heard SF A/C> 2,000,000 1.10%
    Pinara Group Pty Ltd 1,623,565 0.90%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 1,595,141 0.90%
    Mr Giles Edward Bettison <Giles Bettison Family A/C> 1,019,400 0.60%
    Cedara Pty Ltd <The Cedar A/C> 990,000 0.50%
    Rosevine Pty Ltd <Rosevine A/C> 967,254 0.50%
    Griffinna Pty Ltd <Wood Dragon A/C> 712,000 0.40%
    Mr David Uhrig & Mrs Lucille Uhrig <D & L Uhrig Retrmt Fund A/C> 650,620 0.40%

    Profile

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