Introduction:
When it comes to reliable and dividend-friendly stocks on the Australian Securities Exchange (ASX), few names stand out like Coles Group (COL). The Coles share price isn’t just a number on a trading screen — it reflects consumer behavior, inflation trends, and the dynamics of Australia’s retail grocery market. For everyday investors, tracking col asx provides valuable insights into how one of Australia’s largest supermarket chains is performing in both stable and uncertain times. In this comprehensive guide, we’ll cover Coles’ stock history, price movements, dividend policies, competitor comparisons, and future outlook. Whether you’re a seasoned trader or a beginner investor, this article will give you the context and insights needed to understand Coles’ position on the ASX.
Coles Group Overview:
Deep Dive Into a Related Topic:
Stock Market for Beginners in the USA: A Simple Guide
Stock market strategies for beginners – Complete Guide

Coles Group Limited, founded in 1914, has grown into a national icon. Its business operations cover:
- Supermarkets: Coles, Coles Local, and Coles Online
- Liquor retailing: Liquorland, First Choice Liquor, and Vintage Cellars
- Private-label grocery brands: Affordable alternatives that drive margins
- Digital transformation: A growing e-commerce platform to compete with Woolworths and emerging players
For investors, Coles represents:
- Resilient cash flows from essential goods
- Dividend stability compared to many other ASX-listed companies
- Defensive exposure, since food and groceries remain in demand regardless of economic cycles
This defensive quality makes the Coles share price attractive to long-term investors.
Coles Share Price on ASX (Ticker: COL)
Coles trades under the ticker COL ASX.
Since its 2018 demerger from Wesfarmers, Coles has become one of the top 20 companies on the ASX by market capitalization. While it doesn’t deliver explosive growth like technology or mining stocks, it offers investors a mix of:
- Dividend income
- Stability in volatile markets
- Exposure to consumer staples
Tracking the Coles share price is essential for anyone interested in defensive stocks on the ASX.
Historical Performance of Coles Share Price
Coles’ stock history shows its resilience and consistency over time.
| Year | Key Events | Share Price Range |
| 2018 | Demerged from Wesfarmers, listed as COL | $12–13 |
| 2019 | Focus on logistics & cost efficiency | $12–15 |
| 2020 | Pandemic lifted grocery demand | $15–19 |
| 2021 | Inflationary pressures, supply chain issues | $16–18 |
| 2022 | Consumer habits shifting post-COVID | $16–19 |
| 2023 | Dividend strength boosted investor confidence | $17–19 |
| 2024 | Competition and rising costs | $16–18 |
| 2025 | Stable outlook, modest growth expected | $17–18 |
Key Factors Influencing the Coles Share Price
Several factors directly affect how Coles performs on the ASX:
Consumer Spending & Inflation
Groceries are essential, so demand remains steady. However, inflation can raise costs, squeezing margins even if revenues rise.
Competition with Woolworths & Aldi
Coles’ biggest rival is Woolworths (WOW ASX), with Aldi aggressively competing on price. This battle impacts Coles’ market share and pricing strategies, influencing the share price.
Supply Chain Efficiency
Operational costs, logistics, and global supply chain challenges all feed into Coles’ profitability. Investors watch these closely to gauge future stock performance.
Dividends & Earnings Reports
Dividend announcements often cause short-term movements in the Coles share price. Strong results typically support higher valuations.
Dividend Policy: Why Income Investors Love Coles
One of Coles’ most attractive features for investors is its consistent dividend policy.
- Dividend Yield: Typically between 3–5% annually
- Payout Ratio: Around 80–90% of net profit
- Payment Schedule: Twice yearly (interim and final dividend), fully-franked
For retirees and income-seeking investors, Coles is a reliable dividend stock. This focus on returning profits to shareholders is a key reason many choose COL ASX over more volatile companies.
Coles vs Woolworths: The Grocery Stock Rivalry
| Metric | Coles (COL) | Woolworths (WOW) |
| Market Cap | ~$25B | ~$45B |
| Dividend Yield | 3–5% | 2–4% |
| Share Price Growth | Moderate | Stronger |
| Competitive Edge | Value-driven, efficient logistics | Larger footprint, premium positioning |
Key Insight:
Coles is slightly stronger for dividends and value focus.
Woolworths often leads in market share and growth potential.
Is Coles a Good Stock to Buy in 2025?
Why Investors Choose Coles:
- Defensive play → Food retail remains essential.
- Steady dividends → Reliable cash returns.
- Resilient brand → Strong customer loyalty.
Risks to Consider:
- Margin pressures from inflation and rising wages
- Fierce competition from Woolworths and Aldi
- Limited global exposure, unlike mining or tech giants
Verdict:
Coles is a good choice for investors seeking stability and income, but not for those chasing rapid growth.
Future Outlook for Coles Share Price

Looking ahead, Coles’ strategy focuses on:
- Digital growth → Expanding Coles Online and delivery services
- Automation → Warehouse robotics and AI-driven logistics to reduce costs
- Sustainability → ESG initiatives to attract environmentally conscious investors
- Moderate growth trajectory → Price likely to remain in the $16–19 range
Overall, the Coles share price is expected to remain stable with modest upside, supported mainly by dividends.
FAQs About Coles Share Price
What is Coles’ ticker on the ASX?
Coles trades as COL on the ASX, often searched as col asx.
Is Coles a good investment in 2025?
Yes, for dividend and stability-focused investors. It’s less appealing for those seeking rapid capital growth.
How often does Coles pay dividends?
Twice a year — interim and final, usually fully-franked.
Why follow the Coles share price?
It offers insights into consumer trends and steady income opportunities.
Coles vs Woolworths: Which stock is better?
Coles offers stronger dividends, Woolworths typically offers better growth potential.
Conclusion:
The Coles share price is a benchmark for stability on the Australian market. For investors who prioritize consistent dividends and defensive exposure, Coles (COL ASX) is a stock worth watching closely. While it may not deliver explosive growth, it offers peace of mind, steady income, and resilience — qualities that many long-term investors value more than short-term gains.
Deep Dive Into a Related Topic:
