Coles Group Ltd (ASX: COL)
Another ASX dividend share to look at is Coles. It has also benefited from a favourable shift in consumer spending and habits.
For example, during the first half of FY 2021, Coles reported an 8% increase in revenue to $20,569 million and a 14.5% increase in net profit to $560 million. This allowed the Coles board to increase its fully franked interim dividend by 10% to 33 cents per share.
And although its cautious outlook has worried investors and put pressure on the Coles share price, Goldman Sachs believes it has created a buying opportunity.
The broker recently reaffirmed its buy rating and put a $20.70 price target on its shares. Goldman is also forecasting a 62 cents per share fully franked dividend for the 12 months. Based on the current Coles share price, this represents a 4% dividend yield.
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Last
$23.88 |
Change
0.120(0.51%) |
Mkt cap ! $32.03B | |||
| Open | High | Low | Value | Volume |
| $23.94 | $24.00 | $23.82 | $37.33M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2502 | $23.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.90 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| COL (ASX) Chart |