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Diageo (Diageo) 3-Year Dividend Growth Rate : 1.60% (As of Dec. 2023)


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What is Diageo 3-Year Dividend Growth Rate?

Diageo's Dividends per Share for the six months ended in Dec. 2023 was $2.39.

The historical rank and industry rank for Diageo's 3-Year Dividend Growth Rate or its related term are showing as below:

DEO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.6   Med: 5.9   Max: 20.5
Current: 1.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Diageo was 20.50% per year. The lowest was 1.60% per year. And the median was 5.90% per year.

DEO's 3-Year Dividend Growth Rate is ranked worse than
72.97% of 111 companies
in the Beverages - Alcoholic industry
Industry Median: 7.7 vs DEO: 1.60

During the past 12 months, Diageo's average Dividends Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Diageo's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.56. As of today, Diageo's Dividend Yield % is 2.91%.

Good Sign:

Diageo PLC stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Diageo's 3-Year Dividend Growth Rate

For the Beverages - Wineries & Distilleries subindustry, Diageo's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diageo's 3-Year Dividend Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Diageo's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Diageo's 3-Year Dividend Growth Rate falls into.



Diageo 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Diageo  (NYSE:DEO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Diageo's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=2.393/ 4.312
=0.55

During the past 13 years, the highest Dividend Payout Ratio of Diageo was 0.72. The lowest was 0.45. And the median was 0.55.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Diageo Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6202024-02-292024-03-012024-04-17Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 2.3932023-08-242023-08-252023-10-17Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Diageo's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.013/138.20
=2.90 %

Current Share Price is $138.20.
Diageo's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.013.

During the past 13 years, the highest Dividend Yield of Diageo was 3.29%. The lowest was 1.69%. And the median was 2.35%.

Good Sign:

Diageo PLC stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Diageo 3-Year Dividend Growth Rate Related Terms>


Diageo (Diageo) Business Description

Address
16 Great Marlborough Street, London, GBR, W1F 7HS
The product of a merger between Grand Metropolitan and Guinness in 1997, Diageo is one of the world's leading producers of branded premium spirits, approximately level with Kweichow Moutai in revenue terms. It also produces and markets beer and wine. Brands include Johnnie Walker blended scotch, Smirnoff vodka, Crown Royal Canadian whiskey, Captain Morgan rum, Casamigos tequila, Tanqueray gin, Baileys Irish Cream, and Guinness stout. Diageo also owns 34% of premium champagne and cognac maker Moet Hennessy, a subsidiary of French luxury-goods maker LVMH Moet Hennessy-Louis Vuitton, and a near-56% stake in India's United Spirits.