Coles Group Limited (ASX:COL) to Issue Dividend Increase – $0.32 Per Share

Coles Group Limited (ASX:COL) declared a final dividend on Monday, September 2nd, MarketIndexAU reports. Investors of record on Tuesday, September 24th will be paid a dividend of 0.32 per share on Tuesday, September 24th. This represents a yield of 1.69%. The ex-dividend date is Monday, September 2nd. This is an increase from Coles Group’s previous final dividend of $0.30.

Coles Group Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.66 and a debt-to-equity ratio of 265.51.

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; 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.