Coles Group Dividend yield




   AUD/share 
 Price  16.01
 Dividend  0.61
 Earnings  0.80
 Cash-flow  1.91
 Book value  1.95
 Equity  2.23

Coles Group is part of General Retailers business, which is part of Consumer Services industry. Coles Group is a company from Australia, and his stocks are publicly traded.

Coles Group paid a total dividend of 814 million AUD last year, for a market value of 21,357 millions (Market Cap 20,299 millions). Dividend per share of Coles Group is 0.61 AUD, and his stock market price 16.01 AUD.

According to the chart below, where dividend yield is displayed, Coles Group has a dividend yield of 3.78%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Coles Group dividend yield with other General Retailers companies or firms from Australia.

Dividend yield of Coles Group

Coles Group Dividend Payout

About the ability of Coles Group to maintain his current dividend of AUD 0.61 per share, an amount that accounts for 3.78%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coles Group payout on ernings is currently 76.25%, which is higher than the market average, and companies of Consumer Services industry, which are 38.17% and 23.35% respectively. Both figures show that Coles Group can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Coles Group is AUD 1.91 per share, which is higher than the dividend per share paid by the company of AUD 0.61, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Coles Group, compared againt world market average, Australia companies, Consumer Services industry and General Retailers sector companies.

Coles Group payout

Coles Group Dividend History

Year Yield  AUD  Paypout  Shares* 
Present3.78%0.6176.25%1,334
20203.17%0.5872.50%1,334
20191.62%0.2422.22%1,334
20180.00%0.000.00%1,134

*In millions

Coles Group Stock performance

Finally, last moth Coles Group showed a return of 4.40% compared to a worldwide 4.24% average, and a 2.83% of Consumer Services firms. Over the last year, the company obtained a 5.60% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Australia and General Retailers firms.

Coles Group stock and market return