COL News: Coles Group (ASX:COL) Is Due To Pay A Dividend Of AU$0.33 - 25th Feb 2022, 6:23am

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The board of Coles Group Limited (ASX:COL) has announced that it will pay a dividend on the 31st of March, with investors receiving AU$0.33 per share. This means the dividend yield will be fairly typical at 3.4%.

View our latest analysis for Coles Group

Coles Group's Dividend Is Well Covered By Earnings

We aren't too impressed by dividend yields unless they can be sustained over time. The last payment made up 82% of earnings, but cash flows were much higher. In general, cash flows are more im...

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