Diageo Dividend yield

Diageo is part of Beverages business, which is part of Consumer Goods industry. Diageo is a company from UK, and his stocks are publicly traded.

Diageo stock dividend

Diageo paid a total dividend of 1,802 million GBP last year, for a market value of 73,055 millions (Market Cap 71,651 millions). Diageo dividend per share is 0.80 GBP, and his stock market price 32.44 GBP.

According to the chart below, where dividend yield is displayed, Diageo has a dividend yield of 2.47%, lower than the amount offered by both the market average and companies from UK. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Diageo stocks dividend with other Beverages companies or other of the high UK dividend stocks list.

Diageo Dividend Payout

About the ability of Diageo to maintain his current dividend of GBP 0.80 per share, an amount that accounts for 2.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Diageo payout on ernings is currently 47.62%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Diageo can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Diageo is GBP 1.34 per share, which is higher than the dividend per share paid by the company of GBP 0.80, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Diageo, compared againt world market average, UK companies, Consumer Goods industry and Beverages sector companies.

Diageo Dividend History

Below you will find a table with the historical evolution of Diageo's dividend stock, both in percentage and in GBP, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	GBP	Paypout	Shares*
Present	2.47%	0.80	47.62%	2,252
2022	2.09%	0.76	53.15%	2,299
2021	1.80%	0.73	62.93%	2,340
2020	2.43%	0.70	111.11%	2,337
2019	2.14%	0.69	50.36%	2,349
2018	2.34%	0.65	58.56%	2,460
2017	2.28%	0.62	57.41%	2,517
2016	2.95%	0.59	64.84%	2,519
2015	2.95%	0.56	57.73%	2,519

*In millions

Then you can see the evolution of Diageo dividend stock, and compare it with the average of UK stocks and that of the Beverages stocks.

Diageo Stock performance

Finally, last moth Diageo showed a return of -4.50% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -13.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for UK and Beverages firms.