Codan Ltd (ASX: CDA) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Codan Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.91 billion
P/E Ratio 36.00
Dividend Yield 1.39%
Shares Outstanding 181.56 million
Earnings per share 0.413
Dividend per share 0.23
Year To Date Return 68.48%
Earnings Yield 2.78%
Franking 100%
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

  • Codan Ltd (ASX: CDA)
    Latest News

    Happy couple enjoying ice cream in retirement.
    Growth Shares

    2 ASX growth shares this fund manager loves right now (one with AI exposure!)

    These stocks have been rated as opportunities by WAM.

    Read more »

    A geeky business man scratches his head as he looks at many stacks of books piled up on the floor.
    Share Market News

    Here's how the ASX 200 market sectors stacked up last week

    ASX technology shares led the market with an outstanding 8.65% rise last week.

    Read more »

    Woman on her phone with diagrams of tech sector related elements linking with each other.
    Technology Shares

    Why did ASX tech shares soar 9% this week?

    This week's surge had nothing to do with Wall Street or the NASDAQ.

    Read more »

    a young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
    Share Gainers

    Why Codan, Super Retail, Universal Store, and Whitehaven Coal shares are charging higher

    These shares are having a strong session. But why?

    Read more »

    Successful group of people applauding in a business meeting and looking very happy.
    Earnings Results

    Codan share price jumps 13% on stellar FY24 results

    Investors are cheering on this strong results on Thursday. Let's see how the company performed.

    Read more »

    three businessmen high five each other outside an office building with graphic images of graphs and metrics superimposed on the shot.
    52-Week Highs

    3 ASX All Ordinaries shares smashing multi-year highs while the market dives

    These All Ords stocks are burning bright on the ASX today...

    Read more »

    two computer geeks sit across from each other with their laptop computers touching as they look confused and confounded by what they are seeing on their screens.
    Technology Shares

    'Signs of rotation' from ASX tech shares to value stocks and cyclicals: expert

    Tech shares shone brightly in FY24 but will this trend continue in FY25?

    Read more »

    defence, military soldier standing with army land vehicle as helicopter flies overhead
    Share Market News

    'Geopolitical risk is unlikely to subside': Should you pile into ASX defence shares right now?

    With gains of up to 740% in a year, can ASX defence shares keep charging higher?

    Read more »

    Man in an office celebrates at he crosses a finish line before his colleagues.
    Best Shares

    Leaders and laggards of the ASX market sectors in FY24

    The No. 1 ASX market sector rose by more than 30% and we reveal the top 5 stocks within the…

    Read more »

    defence personnel operating and discussing defence technology
    Technology Shares

    2 All Ords ASX defence shares 'poised to thrive'

    Both All Ords ASX defence stocks could keep outperforming for years, according to this leading fund manager.

    Read more »

    Five happy young friends on the coast, dabbing and raising their arms in the air.
    52-Week Highs

    5 ASX 300 shares smashing new highs while the market sinks

    These five shares are happily bucking the market today.

    Read more »

    Happy man working on his laptop.
    Share Gainers

    Why Bubs, Codan, Life360, and Sayona Mining shares are charging higher

    These shares are catching the eye on Thursday. What's going on?

    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
    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
    10 Oct 2024 $16.02 $0.10 0.63% 227,936 $15.82 $16.03 $15.70
    09 Oct 2024 $15.92 $0.07 0.44% 173,576 $15.93 $15.96 $15.77
    08 Oct 2024 $15.85 $-0.15 -0.94% 189,000 $15.71 $15.98 $15.71
    07 Oct 2024 $16.00 $0.40 2.56% 172,483 $15.72 $16.06 $15.70
    04 Oct 2024 $15.60 $-0.23 -1.45% 232,619 $15.65 $15.72 $15.34
    03 Oct 2024 $15.83 $-0.03 -0.19% 171,098 $16.00 $16.09 $15.82
    02 Oct 2024 $15.86 $-0.47 -2.88% 344,413 $16.21 $16.33 $15.83
    01 Oct 2024 $16.33 $0.21 1.30% 259,214 $16.12 $16.39 $16.12
    30 Sep 2024 $16.12 $-0.01 -0.06% 431,327 $16.12 $16.12 $15.67
    27 Sep 2024 $16.13 $0.03 0.19% 377,412 $16.23 $16.37 $16.01
    26 Sep 2024 $16.10 $0.61 3.94% 857,106 $15.85 $16.43 $15.58
    25 Sep 2024 $15.49 $-0.21 -1.34% 3,016,084 $15.86 $15.93 $15.49
    24 Sep 2024 $15.70 $0.05 0.32% 402,513 $15.65 $15.89 $15.44
    23 Sep 2024 $15.65 $0.25 1.62% 509,123 $15.28 $15.85 $15.20
    20 Sep 2024 $15.40 $0.06 0.39% 942,012 $15.55 $15.65 $15.22
    19 Sep 2024 $15.34 $-0.06 -0.39% 465,870 $15.55 $15.84 $15.34
    18 Sep 2024 $15.40 $0.29 1.92% 352,251 $15.20 $15.46 $15.12
    17 Sep 2024 $15.11 $0.27 1.82% 261,088 $14.85 $15.16 $14.83
    16 Sep 2024 $14.84 $0.05 0.34% 128,412 $14.63 $14.96 $14.63
    13 Sep 2024 $14.79 $0.04 0.27% 329,939 $14.89 $14.98 $14.66
    12 Sep 2024 $14.75 $0.15 1.03% 535,092 $14.61 $14.87 $14.37
    11 Sep 2024 $14.60 $0.16 1.11% 291,106 $14.54 $14.62 $14.29

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    02 Sep 2024 Alfonzo (Alf) Ianniello Exercise 16,305 $244,439
    Conversion of securities. 140,523 Rights
    02 Sep 2024 Alfonzo (Alf) Ianniello Issued 16,305 $244,439
    Conversion of securities.
    02 Sep 2024 Alfonzo (Alf) Ianniello Issued 44,971 $341,221
    Issue of securities.
    05 Jun 2024 Sarah Adam-Gedge Buy 5,000 $53,750
    On-market trade.
    31 May 2024 Heith Mackay-Cruise Buy 2,500 $26,610
    On-market trade.
    29 May 2024 Heith Mackay-Cruise Buy 2,000 $21,300
    On-market trade.
    10 Nov 2023 Alfonzo (Alf) Ianniello Issued 99,809 $784,498
    Issue of securities. 156,828 Performance Rights

    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 executive career and over 25 years of board experience across a range of organisations 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 & key stakeholder relations. Further experience was gained through exposure to international markets such as Greece, UK, USA, South Africa, Argentina, Malaysia, and New Zealand. She is chair of Risk Committee.
    Mr Graeme Barclay Non-Executive DirectorNon-Executive Chairman Feb 2015
    Mr Barclay has more than 35 years of experience in professional services, investment banking, broadcast infrastructure and telecommunications. Over the past 20 years Graeme has held Executive Chairman or Group CEO roles at BAI Communications, Transit Wireless LLC (New York), Nextgen Networks, Metronode data centres and Axicom group (formerly Crown Castle Australia), 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. Over the past 20 years in these businesses, Graeme led and completed more than 20 acquisition and divestment transactions including the sale of Nextgen Networks to Vocus for $820 million in 2016 and the sale of Metronode to Equinix for $1.04 billion in 2018. Included in his prior board appointments are: Arqiva Limited (institutionally owned UK telecommunications infrastructure group), Chairman of the main Board and of the Audit and Risk Committee for Nextgen group (Ontario Teachers' Pension Plan majority owned fibre network and data centre owner), NED and member of the Audit and Risk Committee of Axicom Group (institutionally owned mobile tower operator).
    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 25 years. Heith is currently a non-executive National Director of the Australian Institute of Company Directors. Heith is a previous non-executive Chair of LiteracyPlanet and the Vision Australia Foundation as well as a previous non-executive Director of LifeHealthcare. 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. Heith is a mentor with Kilfinan Australia.
    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 experience driving growth initiatives, working with customers and in different markets. Prior to joining IBM, Sarah was a Consulting Managing Partner at PWC, and Audit and Business Consulting Partner at Arthur Andersen. She is also on the Board of private companies including Kinetic IT Pty Ltd and Cricket Australia. Sarah is currently mentors for the Minerva Network and CAANZ.
    Mr Alfonzo (Alf) Ianniello Chief Executive OfficerManaging Director Jan 2022
    Mr Ianniello has held global executive leadership roles in his career spanning three decades - Alf has expertise across packaging, defence 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 packaging products. In a competitive market, Alf was responsible for expansion in Detmold's profitability and development, and under his stewardship, Alf positioned Detmold as an employer of choice, given his focus on fostering positive culture, developing individuals and promoting teamwork. Alf began his career as a Design and Production Engineer with British Aerospace Australia. He then spent 7 years with Schefenacker Vision Systems, as a Customer Engineer and Branch Manager in the USA, before moving to the organisation's Australian division in 2000 as Project Manager. In 2007, Alf was appointed Schefenacker's Australian Managing Director. Known for his ability to leverage innovation and organisational capabilities, Alf has managed facilities across Australia, China, Vietnam, Philippines, India, Singapore, Dubai, Indonesia, US, UK, Germany and South Africa.
    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
    -
    Marjolijn Woods Chief Human Resource Officer
    -
    Daniel Hutchinson Executive General Manager (Strategy Corporate Development and M&A)
    -
    Daniel Widera Joint Company Secretary
    -
    Ben Harvey President and Executive General Manager Minelab
    -
    Paul Sangster President and Executive General Manager Tactical Communications
    -
    Scott French President and Executive General Manager Zetron
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    P M Wall 34,808,151 19.20%
    HSBC Custody Nominees (Australia) Limited 18,403,357 10.10%
    Dareel Pty Ltd 18,013,512 9.90%
    Citicorp Nominees Pty Limited 17,589,032 9.70%
    J P Morgan Nominees Australia Limited 14,173,043 7.80%
    Kynola Pty Ltd 6,627,548 3.70%
    Starform Pty Ltd 6,404,224 3.50%
    A Bettison 3,562,124 2.00%
    National Nominees Limited 2,809,535 1.50%
    M K and M C Heard 2,400,000 1.30%
    J A Uhrig 1,400,048 0.80%
    UBS nominees Pty Ltd 1,178,445 0.60%
    Cedara Pty Ltd 1,107,254 0.60%
    Rosevine Pty Ltd 1,107,254 0.60%
    G Bettison 1,024,000 0.60%
    BNP Paribas Nominees Pty Ltd 883,161 0.50%
    Buttonwood Nominees Pty Ltd 832,942 0.50%
    Warren Glen Pty Ltd 800,000 0.40%
    BNP Paribas Noms Pty Limited 769,716 0.40%
    Pinara Group Pty Ltd 749,564 0.40%

    Profile

    since

    Note