Codan sees stronger mining signals

Technology company Codan is expecting to see a bigger dividend from its recently struck mining alliance with Caterpillar, and years of investment in its sector offering, after increasing its shareholder payout and expanding its overall business “base” by 20% in fiscal 2018.

Codan sees stronger mining signals Codan sees stronger mining signals Codan sees stronger mining signals Codan sees stronger mining signals Codan sees stronger mining signals

Codan booked a net profit after tax of A$41.5 million for the year to June 30, 2018, and declared a special dividend of 4c/share to take the full-year payout to 8.5c/sh.