ASX 200 reporting season: Coles
Explore how Qantas, Coles, and Medibank are leveraging strategic dividends and investments to navigate current market dynamics.
(AI video summary)
This video was created on 27 February for IG audiences by ausbiz.
Key financial results
Qantas (ASX:QAN)
Qantas has announced a fully franked dividend of 16.5 cents per share, alongside a special dividend of 9.9 cents. This reflects its robust balance sheet and ongoing fleet investments. Despite an 11% rise in underlying profit after tax to over $1.3 billion, the airline has not provided guidance but anticipates sustained travel demand.
Coles (ASX:COL)
Coles increased its interim dividend despite a 2.2% dip in profit, attributing the decline to consumers shopping around due to cost-of-living pressures. Group sales remain strong, indicating resilience in the retail sector.
Medibank (ASX:MPL)
Medibank reported a 14% increase in underlying net profit, driven by non-resident health insurance members. The company announced a fully franked interim dividend of 7.8 cents per share and plans to return Covid-19 claim savings to customers. Chief Executive Officer (CEO) David Koczkar highlighted efforts to keep premium increases low, enabling investments in health solutions.
This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.
Discover how to trade the markets
Learn how indices work – and discover the wide range of markets you can trade on – with IG Academy's free ’introducing the financial markets’ course.
Put learning into action
Try out what you’ve learned in this index strategy article risk-free in your demo account.
Ready to trade indices?
Put the lessons in this article to use in a live account – upgrading is quick and easy.
- Get fixed spreads from 1 point on FTSE 100 and Germany 40
- Protect your capital with risk management tools
- Trade more 24-hour markets than any other provider
Inspired to trade?
Put your new knowledge into practice. Log in to your account now.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
