Coles Group Limited (ASX:COL) Plans Dividend Increase – $0.37 Per Share

Coles Group Limited (ASX:COL) announced a interim dividend on Friday, February 28th, MarketIndexAU Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.37 per share on Wednesday, March 26th. This represents a dividend yield of 1.85%. The ex-dividend date is Tuesday, March 4th. This is an increase from Coles Group’s previous interim dividend of $0.36.

Coles Group Stock Performance

The company has a debt-to-equity ratio of 278.38, a quick ratio of 0.17 and a current ratio of 0.59. The stock has a market cap of $26.08 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 3.81 and a beta of 0.23.

Coles Group Company Profile

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets, which offers fresh food, groceries, general merchandise, and liquor; 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.