CLEGF (Coles Group) Dividend Payout Ratio : 0.90 (As of Jun. 2024)

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What is Coles Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Coles Group's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Coles Group Ltd is 0.78, which seems too high.

The historical rank and industry rank for Coles Group's Dividend Payout Ratio or its related term are showing as below:

CLEGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.75 Med: 0.78 Max: 0.85
Current: 0.78

During the past 7 years, the highest Dividend Payout Ratio of Coles Group was 0.85. The lowest was 0.75. And the median was 0.78.

CLEGF's Dividend Payout Ratio is ranked worse than
85.11% of 188 companies
in the Retail - Defensive industry
Industry Median: 0.35 vs CLEGF: 0.78

As of today (2024-12-15), the Dividend Yield % of Coles Group is 4.77%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Coles Group was 4.77%. The lowest was 2.82%. And the median was 3.49%.

Coles Group's Dividends per Share for the months ended in Jun. 2024 was $0.24.

During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Coles Group was 6.90% per year. The lowest was 2.90% per year. And the median was 4.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Coles Group Dividend Payout Ratio Historical Data

The historical data trend for Coles Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Coles Group Dividend Payout Ratio Chart

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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0.34

0.81

0.78

0.85

0.75

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial							0.88	0.65	1.14	0.68	0.90

Competitive Comparison of Coles Group's Dividend Payout Ratio

For the Grocery Stores subindustry, Coles Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Coles Group's Dividend Payout Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Coles Group's Dividend Payout Ratio falls into.

Coles Group Dividend Payout Ratio Calculation

Coles Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.438	/	0.581
	=	0.75

Coles Group's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.239	/	0.266
	=	0.90

Coles Group (OTCPK:CLEGF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Coles Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Coles Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Coles Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (OTCPK:CLEGF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

2OF:Germany COL:Australia

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of over 1,800 stores and roughly 80% of Australian live within a 10-minute drive from a Coles store. The retailer employs some 120,000 people, who process 17 million individual customer transactions a week. This compares with Woolworths serving about 30 million customers per week from Australia's population of 25 million.