Diageo Dividend
Dividend criteria checks 5/6
Diageo is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
60%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$1.035 |
| Earnings per share | Mex$1.74 |
| Dividend yield forecast | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DGE N's dividends per share have been stable in the past 10 years.
Growing Dividend: DGE N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Diageo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DGE N) | 2.9% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Beverage) | 3.8% |
| Analyst forecast (DGE N) (up to 3 years) | 3.3% |
Notable Dividend: DGE N's dividend (2.92%) is higher than the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: DGE N's dividend (2.92%) is low compared to the top 25% of dividend payers in the MX market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), DGE N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.6%), DGE N's dividend payments are covered by cash flows.