Coles Group Ltd (ASX: COL) Share Price and News
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Coles Group Limited (COL, formerly Coles Myer Limited) is an Australian public retail company, providing customers with everyday products including fresh food, groceries, household goods, liquor, fuel and financial services via its store network and online platforms.
Originally Australia’s second largest retailer (behind Woolworths Limited) Coles was acquired by Wesfarmers in 2007. Coles Group was spun-off from Wesfarmers in 2018 and Coles shares re-listed on the ASX at that time. Coles Group includes Coles Supermarkets, Coles Express and Coles liquor division.
The Coles brand is a household name in Australia – as at 30 June 2018, Coles processed more than 21 million customer transactions on average each week and operated 2,507 retail outlets nationally.
Coles Group Ltd (ASX: COL) Latest News
These ASX shares are swept up by the new Victorian COVID-19 lockdown
Brendon Lau | July 7, 2020 5:06pm
The new Victorian COVID-19 lockdown took the wind out of the ASX 200 with several ASX stocks seeing a surge in late trading activity. More »
You’re probably a customer of these 3 ASX shares. Should you own them too?
Kate O'Brien | July 7, 2020 3:30pm
Many investors look to their own spending patterns to identify potential investment opportunities. Here are 3 ASX shares that probably feature in your own... More »
Why retirees should buy Coles and Telstra shares for income
James Mickleboro | July 7, 2020 1:37pm
I think Coles Group Ltd (ASX:COL) and this ASX 100 share would be great options for retirees looking for a source of income... More »
3 ASX dividend shares to grow and diversify your income
Tristan Harrison | July 7, 2020 9:31am
Here are 3 ASX dividend shares that can grow and diversify your income including diversified property business Brickworks Limited (ASX:BKW). More »
Are ASX 200 retail shares like JB Hi-Fi overvalued?
Ken Hall | July 6, 2020 3:47pm
ASX 200 retail shares like JB Hi-Fi Limited (ASX: JBH) have rocketed higher in recent months but can they really be good long-term buys? More »
ASX 200 Weekly Wrap: Afterpay, Tech push ASX 200 back above 6,000
Sebastian Bowen | July 6, 2020 8:50am
Here on our ASX 200 Foolish Weekly Wrap, we look at which shares moved the S&P/ASX 200 Index and the broader share market last... More »
5 ASX shares rated as strong buys by brokers
Tristan Harrison | July 5, 2020 10:20am
Here are 5 ASX shares that have been rated as strong buys by brokers. One of the picks is blue chip mining giant BHP... More »
3 top ASX dividend shares I would buy next week
James Mickleboro | July 4, 2020 10:33am
I think income investors ought to consider buying Coles Group Ltd (ASX:COL) and these ASX dividend shares next week. Here's why... More »
2 ASX dividend shares with yields over 6%
Sebastian Bowen | July 3, 2020 5:36pm
Here's why Metcash Ltd (ASX: MTS) is one of my ASX dividend shares with a grossed-up, fully franked yield over 6%. Keep reading for... More »
What’s going on with the Coles share price?
Sebastian Bowen | July 3, 2020 1:28pm
What's been happening with the Coles Group Ltd (ASX: COL) share price movements lately? And are Coles shares a buy today? More »
Risk to supermarkets is rising but is Woolworths share price still a buy?
Brendon Lau | July 3, 2020 9:48am
ASX supermarket stocks are getting a second wind since the second wave of COVID-19 cases, but Goldman is warning that risks are increasing. More »
Fund managers have been snapping up Sonic and these ASX 200 stocks
Brendon Lau | July 2, 2020 10:48am
Fund managers have been snapping up ASX shares with their average cash balance dropping again in May to a more than two-year low. More »
Should you buy Coles or Woolworths shares?
James Mickleboro | July 2, 2020 6:30am
Should you buy Coles Group Ltd (ASX:COL) or Woolworths Group Ltd (ASX:WOW) shares right now? Here's what Goldman Sachs thinks... More »
3 top ASX dividend shares to buy for FY21
Sebastian Bowen | July 1, 2020 4:14pm
Here's why Rural Funds Group (ASX: RFF) and 2 others are my top ASX dividend shares to buy in FY21 for robust, long-term dividend... More »
FAQ
How do I buy or sell Coles Group shares?
If you wish to purchase Coles Group shares on the Australian Securities Exchange, you will need to do so through a broker.
Does Coles Group offer a dividend reinvestment plan (DRP)?
Yes. Coles Group introduced a Dividend Reinvestment Plan (DRP) in September 2019. Participation is optional and shareholders may elect either full or partial participation. The plan is open to shareholders residing in Australia and New Zealand only.
How much did Coles float for?
Following the demerger from Wesfarmers in November 2018, Coles once again listed on the ASX as a public company, with shares debuting at $12.49 per share.
Will Coles pay a dividend in 2020?
Coles typically pays fully franked dividends in late March and towards the end of September. Coles paid an interim dividend of 30 cents per share on 27 March 2020. In additional to the Aussie supermarket giant’s final dividend paid on 26 September 2019, Coles also paid a special dividend of 11.5 cents per share at this time.