Business
Why Coles is a top ASX dividend share for a post-COVID world – Motley Fool Australia
Here’s why I think Coles Group Ltd (ASX: COL)’s FY20 earnings proves it is a top ASX dividend share for income investors to buy today
Coles Group Ltd(ASX: COL) has built itself a reputation as a solid ASX dividend share performer since its delisting from Wesfarmers Ltd(ASX: WES) almost two years ago.
Perhaps that’s why in 2020 so far, the Coles share price is up more than 22%, compared with the broader S&P/ASX 200 Index(ASX: XJO) which is down around 9%.
But Coles’ reputation for dividend income has been bolstered in recent weeks, and I think its star is on the rise compared to its arch-rival Woolworths Group Ltd(ASX: WO…
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