Australia's Coles falls on trading ex-dividend
BUZZ-Australia's Coles falls on trading ex-dividend ** Shares of Coles COL.AX drop as much as 2.3% to A$23.34, their biggest intraday pct drop since July 13
** Shares of Australia's no.2 grocer trade ex-dividend, co distributes final dividend of 37 Australian cents per share
** Shares hit lowest level since Aug 28
** Coles weighing on Australian consumer staples sub-index .AXSJ, which is down 0.8%
** YTD, COL shares up 9.3%
(Reporting by Nichiket Sunil in Bengaluru)
Recent news on Coles
See all newsInflation tailwind for Australian supermarkets as cost pressures build, Jefferies says
Australia's Coles falls on trading ex-dividend
Australia's consumer stocks lag in August earnings season, Jefferies says
Citi, Jefferies upbeat on Australia's Coles on mitigated impact from Woolworth's Disney campaign
Australia's Coles falls on smaller-than-expected supermarkets growth at start of FY27