SmarterDividends
DGEAF

Diageo plc

DGEAF

Consumer Defensive · Stock · semiannual payer

Forward Yield

4.28%

Annual Dividend

$0.84

Payout Ratio

95%

5-Yr Growth

-2.5%

Ex-Date

Apr 16, 2026

Frequency

Semiannual

DGEAF Dividend Safety Score

43/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage95% of earnings paid out
Balance-sheet strengthDebt/equity of 1.77
Yield vs its historyYield is 1.9× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DGEAF a good dividend stock?

Mixed

Diageo plc (DGEAF) pays a semiannual dividend yielding 4.28% ($0.84/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 (95%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    4.28%
    Payout Ratio
    95%
    Annual Dividend
    $0.84
    5-Yr Avg Growth
    -2.5%
    Ex-Dividend Date
    Apr 16, 2026
    Years of Growth
    0
    Frequency
    semiannual
    Beta
    0.30
    Market Cap
    $43.6B
    P/E Ratio
    18.1
    5-Yr Total Return
    -60%
    52-Week Range
    $17.85 – $29.74
    Dividend Safety
    D · 43/100
    Ever Cut?
    Yes (2022)
    DGEAF ex-dividend date & scheduleNext ex-date Apr 16, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.84 / yr per share

    Per payment (semiannual)$42.00
    Annual$84.00
    Monthly avg$7.00