SmarterDividends
DGEAF

Diageo (DGEAF) Dividend

Diageo plc · Consumer Defensive · Beverages - Wineries & Distilleries · semiannual payer

$24.09

Overvalued · -22% Add to Portfolio

As of Nov 5, 2026, Diageo (DGEAF) pays a twice-yearly dividend of $0.30 per share, or $0.60 a year, a 2.49% yield at its $24.09 share price. It pays twice a year, usually in June and December. It has a dividend safety grade of D.

Forward Yield

2.49%

Annual Dividend

$0.60

Payout Ratio

108%

5-Yr Growth

-2.5%

Ex-Date

Oct 15, 2026

Frequency

Semiannual

Key facts about DGEAF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Diageo plc (DGEAF) has a forward dividend yield of 2.49%, based on an annual dividend of $0.60 per share and a share price of $24.09.
  • As of Nov 5, 2026, DGEAF's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
  • DGEAF last cut its regular dividend in 2022.
  • DGEAF's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.30 per share.
  • As of Nov 5, 2026, DGEAF pays out 108% of its trailing 12-month earnings as dividends (its payout ratio).
  • DGEAF's dividend has shrunk at an average rate of 2.5% a year over the past five years.
  • As of Nov 5, 2026, DGEAF's 2.49% yield is 10% above its five-year average yield of 2.26%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for DGEAF is $18.76 per share, 22% below the $24.09 share price, so DGEAF screens as overvalued.
  • Diageo plc (DGEAF) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "DGEAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/DGEAF

Is DGEAF a good dividend stock?

Mixed

Diageo plc (DGEAF) pays a semiannual dividend yielding 2.49% ($0.60/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (108%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    2.49%
    Payout Ratio
    108%
    Annual Dividend
    $0.60
    5-Yr Avg Growth
    -2.5%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    0
    Frequency
    semiannual
    Beta
    0.38
    Market Cap
    $53.6B
    P/E Ratio
    30.9
    5-Yr Total Return
    -54%
    52-Week Range
    $17.85 – $25.90
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2022)

    DGEAF dividend changes

    Diageo plc (DGEAF) pays a variable dividend: across the 24 payments on record since 2014, 11 were higher than the one before and 7 lower. The latest change was down 24.8% to $0.300 per share, going ex-dividend on Oct 15, 2026.

    Ex-dateChangeOld → newMove
    Oct 15, 2026Lower$0.399 → $0.300−24.8%
    Apr 16, 2026Lower$0.630 → $0.200−68.3%
    Feb 27, 2025Lower$0.405 → $0.399−1.5%
    Aug 29, 2024Higher$0.626 → $0.630+0.6%
    Feb 29, 2024Higher$0.371 → $0.405+9.2%
    Aug 24, 2023Higher$0.552 → $0.626+13.4%
    Mar 2, 2023Lower$0.398 → $0.371−6.8%
    Aug 25, 2022Lower$0.614 → $0.552−10.1%
    Feb 24, 2022Higher$0.395 → $0.398+0.8%
    Aug 26, 2021Higher$0.554 → $0.614+10.8%
    Feb 25, 2021Higher$0.354 → $0.395+11.6%
    Aug 13, 2020Higher$0.516 → $0.554+7.4%
    Every DGEAF payment →Download every raise and cut (CSV)
    DGEAF ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →DGEAF dividend historyEvery payment, totals by year, raises and cutsView →DGEAF dividend calculator100 shares pay $60.00 a year, $30.00 every six monthsCalculate →DGEAF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is DGEAF a good dividend stock?

    Mixed. Diageo plc (DGEAF) pays a semiannual dividend yielding 2.49% ($0.60/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is DGEAF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DGEAF's fair value is about $18.76 versus a $24.09 share price — so it looks overvalued (-22% vs. fair value).

    Is DGEAF's dividend safe?

    DGEAF has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is DGEAF's fair value?

    Our blended fair-value estimate for DGEAF is about $18.76 per share, about 22% below the current $24.09 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is DGEAF a buy, hold, or sell?

    We don't issue formal ratings, but on the data DGEAF screens as "mixed" and overvalued. Diageo plc (DGEAF) pays a semiannual dividend yielding 2.49% ($0.60/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will DGEAF cut its dividend?

    DGEAF earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does DGEAF pay a dividend?

    Yes. Diageo plc pays a semiannual dividend of about $0.60 per share annually, a forward yield of roughly 2.49%.

    How much dividend does 100 shares of DGEAF pay?

    At $0.60 per share a year, 100 shares of DGEAF pay $60.00 a year in dividends before tax, about $30.00 every six months. Buying them costs about $2,409 at the Nov 5, 2026 price.

    What is DGEAF's dividend yield?

    As of Nov 5, 2026, DGEAF's forward dividend yield is 2.49%, based on a $0.60 annual dividend and a $24.09 share price.

    What is DGEAF's dividend per share?

    As of Nov 5, 2026, DGEAF pays $0.60 per share per year, distributed on a semiannual basis.

    What is DGEAF's dividend payout ratio?

    As of Nov 5, 2026, DGEAF's payout ratio is 108% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has DGEAF grown its dividend?

    DGEAF does not currently have a long dividend-growth streak on record.

    When is the next DGEAF ex-dividend date?

    As of Nov 5, 2026, DGEAF's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.30 per share.

    Income Calculator

    At $0.60 / yr per share

    Per payment (semiannual)$30.00
    Annual$60.00
    Monthly avg$5.00
    Full DGEAF dividend calculator →

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