Coles GroupFRA:2OF 72 Dividend Yield % is 2.99% as of Jun. 24, 2026, which is 12% below its 10-year median of 3.40. GuruFocus rates FRA:2OF with a GF Score™ of 72/100 and a GF Value™ of €12.18 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 195 Retail - Defensive companies, Coles Group ranks better than 57.44% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Coles Group is 2.99%.
Warning Sign:
Coles Group Ltd stock Dividend Yield % is close to 10-year low.
The historical rank and industry rank for Coles Group's Dividend Yield % or its related term are showing as below:
FRA:2OF'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.82 Med: 3.4 Max: 4.36
Current: 2.99
During the past 8 years, the highest Dividend Yield of Coles Group was 4.36%. The lowest was 2.82%. And the median was 3.40%.
FRA:2OF's Dividend Yield % is ranked better than 57.44% of 195
companies
in the Retail - Defensive industry
Industry Median: 2.71
vs FRA:2OF: 2.99
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 0.91, which seems too high.
During the past 8 years, the highest Dividend Payout Ratio of Coles Group was 0.91. The lowest was 0.75. And the median was 0.79.
During the past 12 months, Coles Group's average Dividends Per Share Growth Rate was 1.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.60% per year.
During the past 8 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 4.20% 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 (FRA:2OF) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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.
The historical data trend for Coles Group's Dividend Yield % 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.
FRA:2OF vs KR, SFM, ACI: Dividend Yield % Comparison
For the Grocery Stores subindustry, Coles Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Coles Group's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Coles Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.410000
2026-03-10
2026-03-11
2026-03-30
Cash Dividend
semi-annually
AUD:EUR 0.597458
AUD 0.320000
2025-09-05
2025-09-08
2025-09-22
Cash Dividend
semi-annually
AUD:EUR 0.562005
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Coles Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.42479938
/
14.20
=
2.99 %
Current Share Price is €14.20. Coles Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.42479938.
Coles Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.48991556
/
14.20
=
3.45 %
Current Share Price is €14.20. Coles Group's Dividends per Share for the forward twelve months is calculated as €0.24495778 * 2 = €0.48991556.
* 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.
Coles Group (FRA:2OF) has a Dividend Yield % of 2.99% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Coles Group and its competitors. This is 12% below median its historical median of 3.40. Over the past decade, Coles Group's Dividend Yield % has ranged from 2.82 to 4.36. According to the industry distribution chart, Coles Group ranks #83 out of 195 companies in the Retail - Defensive industry, placing it in the top 42.6%.
Is Coles Group's Dividend Yield % too high?
Coles Group's current Dividend Yield % of 2.99% is 12% below median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 4.36. The Retail - Defensive industry median Dividend Yield % is 2.71. Coles Group's value of 2.99% is 10.3% above this industry median. Based on the distribution chart, Coles Group ranks #83 out of 195 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Coles Group has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coles Group's Dividend Yield % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Coles Group ranks #83 out of 195 companies for Dividend Yield %. This puts Coles Group in the upper half of its industry. The industry median Dividend Yield % is 2.71. Coles Group's value of 2.99% is 10.3% above this benchmark. Historically, Coles Group's own Dividend Yield % has ranged from 2.82 to 4.36 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 2.71, Coles Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Retail - Defensive company?
The median Dividend Yield % among Retail - Defensive companies is 2.71, based on 195 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coles Group's current Dividend Yield % of 2.99% is 10.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Coles Group and its competitors. For the Retail - Defensive industry, the median Dividend Yield % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coles Group's current Dividend Yield % is 2.99%, which is 12% below median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coles Group stock overvalued right now?
Based on GuruFocus' analysis, Coles Group (FRA:2OF) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.18, compared to a current price of €14.20 — trading 16.6% above its estimated fair value. The current Dividend Yield % is 2.99%, which is 12% below median its 10-year median of 3.40 and 10.3% above the Retail - Defensive industry median of 2.71. Coles Group's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Coles Group (FRA:2OF), the current Dividend Yield % is 2.99% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coles Group (FRA:2OF) Overvalued in 2026?
Based on GuruFocus' analysis, Coles Group stock appears to be overvalued.
The current stock price of €14.20 is trading 16.6% above its estimated GF Value™ of €12.18.
GuruFocus considers Coles Group to be Modestly Overvalued.
Key valuation signals for FRA:2OF:
Dividend Yield %: 2.99% (12% below median its 10-year median of 3.40)
GF Value™: €12.18 vs. price of €14.20 (16.6% above fair value)
Industry Position: 10.3% above the Retail - Defensive median (#83 of 195)
No single metric tells the full story. See the FRA:2OF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coles is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and the country's second-largest liquor chain. The group has an extensive store network of over 1,800 stores and roughly 80% of Australians live within a 10-minute drive from a Coles store. The retailer employs some 120,000 people, who process some 20 million individual customer transactions a week. This compares with Woolworths processing about 30 million customer transactions per week from Australia's population of 27 million.
72GF Score
Get the complete analysis for FRA:2OF
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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