Diageo (LSE:DGE) Dividend Payout Ratio

: 0.58 (As of Dec. 2023)

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Diageo's dividend payout ratio for the months ended in Dec. 2023 was 0.58.

The historical rank and industry rank for Diageo's Dividend Payout Ratio or its related term are showing as below:

LSE:DGE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.55 Max: 0.72
Current: 0.5

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.

LSE:DGE's Dividend Payout Ratio is ranked worse than
55.74% of 122 companies
in the Beverages - Alcoholic industry
Industry Median: 0.465 vs LSE:DGE: 0.50

As of today (2024-04-23), the Dividend Yield % of Diageo is 2.84%.

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

Diageo's Dividends per Share for the months ended in Dec. 2023 was £0.49.

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.

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.

The growth rate is calculated with least square regression.

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

Diageo Dividend Payout Ratio Historical Data

The historical data trend for Diageo's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Diageo Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.53

0.65

0.59

0.55

0.45

Diageo Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.53	0.58	0.47	0.41	0.58

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Diageo's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Diageo's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Diageo's Dividend Payout Ratio falls into.

Diageo Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Diageo's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.727	/	1.628
	=	0.45

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 )
	=	0.494	/	0.852
	=	0.58

Diageo (LSE:DGE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Diageo Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Diageo's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Diageo (LSE:DGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Diageo PLC (LSE:DGE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DGEAF:USA DEO:USA DEON:Mexico DGEl:UK DGED:UK GUI:Germany DEOP34:Brazil DEO:Argentina

Address

16 Great Marlborough Street, London, GBR, W1F 7HS

Website

https://www.diageo.com

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.

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