Jacqueline Chow Sells 3,000 Shares of Coles Group Limited (ASX:COL) Stock

Coles Group Limited (ASX:COL) insider Jacqueline Chow sold 3,000 shares of the stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of A$19.23 ($12.02), for a total transaction of A$57,690.00 ($36,056.25).

Coles Group Price Performance

The firm has a market cap of $26.08 billion, a P/E ratio of 23.23, a price-to-earnings-growth ratio of 3.81 and a beta of 0.23. The company has a debt-to-equity ratio of 278.38, a quick ratio of 0.17 and a current ratio of 0.59.

Coles Group Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 26th were issued a $0.37 dividend. This represents a dividend yield of 1.85%. The ex-dividend date of this dividend was Tuesday, March 4th. This is a boost from Coles Group’s previous Interim dividend of $0.36. Coles Group’s payout ratio is 76.19%.

About Coles Group

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets, which offers fresh food, groceries, general merchandise, and liquor; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations.