Coles Group updates dividend currency, DRP details for shareholders

Coles Group Limited (ASX:COL) has announced an update to its ordinary dividend distribution, with the primary currency remaining the Australian Dollar (AUD) at AUD 0.32000000 per security. The company will also facilitate payments in Pound Sterling (GBP) and New Zealand Dollars (NZD) for eligible shareholders who provide valid banking instructions by September 9, 2025, at 17:00 (AEST). The equivalent payment amounts per security are GBP 0.15587200 and NZD 0.35542400.

The fully franked dividend, with an applicable corporate tax rate for franking credit of 30.0000%, relates to a twelve-month period ending June 29, 2025. The record date is September 8, 2025, with an ex-date of September 5, 2025, and payment scheduled for September 22, 2025. Shareholders who do not provide credit details will receive payments via cheque in AUD if their registered address is outside Australia or New Zealand, or held in a non-interest bearing account otherwise.

Coles also operates a Dividend Reinvestment Plan (DRP), which is applicable to this dividend at a 0.0000% discount rate. The DRP offer price will be calculated based on the arithmetic average of the daily volume-weighted average market price of Coles' shares over five trading days, commencing September 10, 2025. Participation in the DRP is available to shareholders with fully paid ordinary shares and a registered address in Australia or New Zealand as of the dividend record date.