Diageo plc (DEO) To Go Ex-Dividend on April 17th

Diageo plc (NYSE:DEO) declared a dividend on Monday, March 16th. Stockholders of record on Friday, April 17th will be paid a dividend of 0.80 per share on Thursday, June 4th. This represents a dividend yield of 207.0%. The ex-dividend date of this dividend is Friday, April 17th.

Diageo has raised its dividend by an average of 0.0%per year over the last three years. Diageo has a dividend payout ratio of 73.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Diageo to earn $6.81 per share next year, which means the company should continue to be able to cover its $4.95 annual dividend with an expected future payout ratio of 72.7%.

Diageo Stock Down 0.1%

Shares of Diageo stock opened at $76.86 on Wednesday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.71 and a current ratio of 1.60. The stock’s 50 day simple moving average is $90.07 and its 200-day simple moving average is $92.68. Diageo has a 1-year low of $75.77 and a 1-year high of $116.69.

Diageo Company Profile

Diageo plc is a global producer, marketer and distributor of alcoholic beverages, headquartered in London, England. The company was created through the 1997 merger of Guinness plc and Grand Metropolitan plc and is publicly traded on multiple exchanges, including the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange. Diageo operates a worldwide business, selling products in a broad range of markets across the Americas, Europe, Africa, Asia and Latin America.

Diageo’s core activities cover the production, marketing and sale of a diverse portfolio of spirits, beer and liqueurs.