Coles Group Dividends and Buybacks
Dividend criteria checks 3/6
Coles Group is a dividend paying company with a current yield of 3.74% that is well covered by earnings.
Key information
3.7%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.680 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, COL has been paying a dividend for less than 10 years.
Growing Dividend: COL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Coles Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COL) | 3.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Consumer Retailing) | 3.9% |
| Analyst forecast (COL) (up to 3 years) | 4.6% |
Notable Dividend: COL's dividend (3.74%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: COL's dividend (3.74%) is low compared to the top 25% of dividend payers in the Australian market (5.95%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.4%), COL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81%), COL's dividend payments are covered by cash flows.