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Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets, Liquor, and Express segments. The company operates 835 supermarkets; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations. Its Coles Financial Services provides insurance, credit cards, and personal loans to Australian families. The company is also involved in the retailing of liquor through its 933 stores under the Liquorland, First Choice, First Choice Liquor, and Vintage Cellars brand names. In addition, it operates 711 fuel and convenience stores; and operates as flybuys loyalty program. The company was formerly known as Coles Myer Ltd. and changed its name to Coles Group Limited. Coles Group Limited was founded in 1914 and is based in Hawthorn East, Australia.

Coles Dividend Announcement

Coles announced a semi annually dividend of A$0.32 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-03
Coles annual dividend for 2024 was A$0.68
Coles annual dividend for 2023 was A$0.66
Coles's trailing twelve-month (TTM) dividend yield is 3.64%
Coles's payout ratio for the trailing twelve months (TTM) is 76.30%

Coles Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03A$0.32semi annually2024-09-25
2024-03-04A$0.36semi annually2024-03-27
2023-09-01A$0.30semi annually2023-09-27
2023-03-01A$0.36semi annually2023-03-30
2022-09-02A$0.30semi annually2022-09-28
2022-03-02A$0.33semi annually2022-03-31
2021-08-26A$0.28semi annually2021-09-28
2021-02-25A$0.33semi annually2021-03-26
2020-08-27A$0.28semi annually2020-09-29
2020-02-26A$0.30semi annually2020-03-27
2019-08-28A$0.24semi annually2019-09-26

Coles Dividend per year

Coles Dividend growth

Coles Dividend Yield

Coles current trailing twelve-month (TTM) dividend yield is 3.64%. Interested in purchasing Coles stock? Use our calculator to estimate your expected dividend yield:

Coles Financial Ratios

P/E ratio22.30
PEG ratio0.25
P/B ratio6.89
ROE31.26%
Payout ratio76.30%
Current ratio0.59
Quick ratio0.19
Cash Ratio0.10

Coles Dividend FAQ

How much is the next Coles dividend?
Coles's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Coles dividend. The next Coles dividend will be released in March, or September.
When is Coles dividend paid?
Coles pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, 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 Coles pay?
The specific amount of Coles 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 Coles's dividend history.
Does Coles stock pay dividends?
Yes, Coles 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 Coles's dividend history.
How much dividend does Coles pay?
Coles paid A$0.68 in 2024, A$0.66 in 2023, A$0.63 in 2022, A$0.61 in 2021, and A$0.575 in 2020.
How often does Coles pay dividends?
Coles 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 March, and September.
What is Coles's dividend yield?
The current dividend yield for Coles is 3.64%. 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 Coles's exact dividend yield.
When does Coles go ex dividend?
Coles's ex-dividend date for the latest dividend was on 2024-09-03. Coles 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 Coles dividend paid?
Coles pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Coles 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 Coles 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 Coles dividend per share?
Coles paid A$0.68 per share in 2024 and A$0.66 per share in 2023. The amount of dividend per share that Coles 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 Coles 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 Coles 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 Coles a dividend stock?
Yes, Coles is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Coles a good dividend stock?
Whether Coles is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Coles has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Coles 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 Coles pay dividends monthly?
Coles typically pays dividends on a semi annually basis.
Does Coles pay dividends quarterly?
Coles currently pays dividends on a semi annually basis.
Has Coles ever paid a dividend?
Yes, Coles has a history of paying dividends to its shareholders. Coles is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Coles dividend stocks?
To buy Coles 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 Coles 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 Coles pay dividends 2024?
Coles pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-25. 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 Coles increase its dividend in 2024?
Decisions regarding Coles 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 Coles dividend overview you can look into the above table of dividend history.
How Coles dividend works?
The Coles 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 Coles's dividend process works:

1. Determination of Dividend: Coles'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, Coles 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, Coles 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 Coles 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 Coles dividends paid?
Coles dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Coles 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, Coles distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Coles 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 Coles pay dividends?
Coles 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 Coles pay dividends?
The general pattern is that Coles pays dividends around March, 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 Coles dividend safe?
The safety of Coles'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 Coles'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 Coles'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.