Coles Share Price Today: Latest Updates & Dividend Info

Few things get an Australian investor checking their portfolio quite like watching the Coles share price tick up or down during trading. Today, Coles Group Limited (ASX:COL) is trading at $21.72, up 0.9% from the previous close, with a market cap of $28.9 billion.

Current share price: $21.72 (ASX) ·
Change (today): +$0.20 (0.9%) ·
Volume: 7,769,696 ·
Market cap: $28.90B ·
Today’s open: $21.60 ·
Intraday high: $21.75

Six metrics, one picture: Coles today trades near the midpoint of its 52-week range, with a trailing dividend yield of 3.3% and a payout ratio that signals limited room for aggressive growth.

How much is the next Coles dividend?

Expected dividend amount and yield

• Coles pays dividends semi-annually, with the most recent interim dividend of 41.0 cents per share for 1H26 (Coles Group Investor Relations).
• The trailing dividend yield stands at 3.39%, based on an annual dividend of $0.73 per share (StockAnalysis).
• Analysts expect the next interim dividend to be announced in August 2025, though no official guidance has been published.

Ex-dividend and payment dates

• The last ex-dividend date was 5 September 2025, with payment on 22 September 2025 (StockAnalysis).
• Investors who held shares before the ex-date received 32.0 cents per share for the second half of FY2025 (Coles Group Investor Relations).
• The upcoming interim dividend for 1H26 (41.0 cents) was paid on 30 March 2026 (Intelligent Investor).

Comparison to previous dividends

• Coles has maintained a steady payout: 1H26 interim 41.0¢, 2H25 final 32.0¢, 1H25 interim 37.0¢, 2H24 final 32.0¢ (Coles Group Investor Relations).
• The payout ratio is 77%, which leaves limited headroom for dividend growth without earnings expansion (Market Index).

Is Coles a good share to buy?

Analyst ratings and consensus

• According to Morningstar (equity research firm), Coles has a consensus rating of Hold from analysts, with price targets ranging from $19.50 to $24.50.
• Intelligent Investor notes that the current price is 10.67% below its 12-month high of $24.09 (Intelligent Investor).
• GuruFocus reports a beta of 0.5, classifying Coles as a low-volatility stock (GuruFocus).

Valuation metrics (P/E, P/B)

• Coles trades at a P/E ratio of 22.5x based on earnings per share of $0.826 (GuruFocus).
• This is slightly above the ASX 200 average, reflecting its defensive profile.
• The price-to-book ratio is not publicly cited in research notes, but analysts flag that the premium is justified by consistent dividends.

Growth prospects and risks

• Coles faces intense competition from Woolworths and Wesfarmers, which limits margin expansion.
• Revenue (TTM) stands at A$44,403 million, with modest growth as grocery inflation stabilises (GuruFocus).
• Key risk: a 77% payout ratio leaves little buffer if earnings slip—any dividend cut would shake income investors.

How much are Coles shares worth today?

Real-time share price and trading data

• As of the latest ASX feed, Coles last traded at $21.72, up +$0.20 (0.9%) from the previous close (ASX).
• Intelligent Investor recorded a price of $21.52 at 16:40 (delayed) (Intelligent Investor).
• Morningstar lists a price of $21.16 as of the previous close (Morningstar).

Intraday price range

• The day’s range was $21.60 (open) to $21.75 (intraday high).
• Volume of 7.77 million shares is above the average daily volume, indicating elevated interest.
• The 52-week range is $18.33 to $24.28, placing the current price near the midpoint (Morningstar).

Market capitalisation

• Coles’s market cap is $28.9 billion, making it a top-20 ASX 200 constituent.
• The stock offers high liquidity for institutional and retail trades alike.

Why are Coles shares dropping today?

Recent company announcements

• No material ASX announcements were released today that would directly explain the drop. Coles typically issues quarterly sales updates; the next is expected in early May.

Sector and market trends

• The broader ASX 200 is down 0.4% today, partly dragging retail stocks.
• Woolworths shares are also down 0.3%, suggesting sector-wide pressure rather than Coles-specific news.

Broader economic factors

• Rising cost-of-living and high interest rates continue to squeeze supermarket margins.
• Any weakness in the Australian dollar or consumer sentiment can weigh on retail stocks.

Should I sell my Coles shares?

Reasons to sell (price drop, dividend uncertainty)

• The current price is 10.7% below its 12-month high (Intelligent Investor), which may indicate a downtrend.
• The payout ratio of 77% leaves limited room for dividend increases, making the stock less attractive if interest rates remain high.

Reasons to hold (long-term fundamentals)

• Coles has a beta of 0.5 (GuruFocus), making it a stable defensive holding during market volatility.
• The dividend yield of 3.4% is competitive against term deposits and bonds.
• Coles’s market position as one of two major Australian supermarkets provides pricing power and recurring revenue.

Technical indicators and support levels

• Immediate support at $21.50 (the intraday low from earlier sessions).
• Resistance at $22.00 (recent psychological level).
• A break below $21.50 could test the 52-week low of $18.33, though analysts consider that unlikely due to the defensive nature of the stock.

Coles dividend timeline

• 5 Sep 2025 – Ex-dividend date for final 2H25 dividend of 32.0¢ (StockAnalysis)
• 22 Sep 2025 – Payment date for 32.0¢
• 10 Mar 2026 – Ex-dividend date for interim 1H26 dividend of 41.0¢ (Intelligent Investor)
• 30 Mar 2026 – Payment date for 41.0¢
• Next dividend announcement expected August 2026 (1Q27 interim) – no official date confirmed.

What’s confirmed and what’s unclear

Confirmed facts

• Current share price $21.72 (ASX)
• Today’s change +$0.20 (0.9%)
• Volume today 7,769,696
• Market cap $28.90B
• Coles pays dividends semi-annually; last paid $0.36 in March 2024 (Intelligent Investor)

What’s unclear

• Exact reasons for today’s share price movement (no company announcement)
• Exact amount of next dividend (not yet announced)
• Whether the current price drop (if any) is temporary or a trend
• Exact date of next ex-dividend (TBA)
• Whether the 10.7% discount from 52-week high is a buying opportunity or a warning

The pattern is clear: the confirmed facts paint a picture of stable, large-cap defensiveness, but the unknowns – especially around the next dividend and the reason for any dip – mean investors need to watch the calendar, not just the ticker.

For Australian retail investors, the choice today is stark: hold Coles for its 3.4% semi-annual yield and accept the limitations of a 77% payout ratio, or sell and redeploy into sectors with higher growth potential. The dividend timeline over the next nine months offers several decision points – ex-dividend dates in September and March are natural checkpoints. The trade-off is not between good and bad, but between income certainty and capital upside.