You say that supermarkets have similar yields. Are you talking about Woolworths & Coles having similar yields to each other or to CBA?
Either way it is irrelevant. They are different businesses with CBA reliant on interest on money borrowed & interest they charge.
Woolworths & Coles have almost a duopoly. The only serious competitor is Aldi & they do not have stores in every shopping centre to make much difference. Banks have competition in nearly every shopping centre.
Woolworths' yield, based on the last interim & final dividends, is 4.3% on yesterday's closing price. Coles' yield is 3.73%.
CBA's yield, after the price falling about $11 is 3.46%. Yield still too low.
You say that supermarkets have similar yields. Are you talking...
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