Diageo plc (NYSE:DEO) declared a Semi-Annual dividend on Friday, July 26th, NASDAQ reports. Investors of record on Friday, August 9th will be paid a dividend of 2.111 per share on Tuesday, October 8th. The ex-dividend date is Thursday, August 8th. This is a boost from Diageo’s previous Semi-Annual dividend of $0.19.
Diageo has raised its dividend by an average of 0.3% annually over the last three years and has raised its dividend annually for the last 7 consecutive years. Diageo has a dividend payout ratio of 62.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Diageo to earn $7.76 per share next year, which means the company should continue to be able to cover its $4.22 annual dividend with an expected future payout ratio of 54.4%.
Shares of NYSE:DEO opened at $163.28 on Tuesday. The company has a market cap of $99.51 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 2.87 and a beta of 0.47. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.56 and a current ratio of 1.34. The company has a 50 day moving average of $170.40. Diageo has a one year low of $131.43 and a one year high of $176.07.
Diageo Company Profile
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.
Featured Story: Index Funds
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.