Diageo Dividend
Dividend criteria checks 5/6
Diageo is a dividend paying company with a current yield of 3.1% that is well covered by earnings. Next payment date is on 17th October, 2024 with an ex-dividend date of 30th August, 2024.
Key information
3.1%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 17 Oct 24 |
| Ex dividend date | 30 Aug 24 |
| Dividend per share | €0.955 |
| Earnings per share | €1.74 |
| Dividend yield forecast | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GUIA's dividends per share have been stable in the past 10 years.
Growing Dividend: GUIA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Diageo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GUIA) | 3.1% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Beverage) | 2.8% |
| Analyst forecast (GUIA) (up to 3 years) | 3.5% |
Notable Dividend: GUIA's dividend (3.1%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: GUIA's dividend (3.1%) is low compared to the top 25% of dividend payers in the German market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), GUIA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.6%), GUIA's dividend payments are covered by cash flows.