Dividend Growth of Diageo PLC(DEO)

Diageo plc(DEO) is having a Dividend Yield of 2.73% with the Annual cash Dividend per share of $3.41. Diageo plc has a 5 year average dividend yield of 2.77% and the stock has a Indicated annual dividend of $3.12. Diageo plc(DEO) formally announced its most recent dividend on January 26, 2017 with a Dividend per share of $1.18. The new indicated annual dividend based on announced dividend per share is $4.3. The dividend yield based on the forward looking indicated annual dividend is 3.76%. The 5 year historical dividend growth of Diageo plc(DEO) is at the rate of 5.26% while the R-Squared dividend growth is 0.68. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Diageo plc (NYSE:DEO) witnessed a decline in the market cap on Thursday as its shares dropped 0.1% or 0.11 points. After the session commenced at $114, the stock reached the higher end at $114.5 while it hit a low of $114. With the volume soaring to 604,559 shares, the last trade was called at $114.2. The company has a 52-week high of $117.84. The company has a market cap of $71,851 million and there are 629,169,220 shares in outstanding. The 52-week low of the share price is $99.46. Diageo plc has dropped 0.01% in the last five trading days, however, the shares have posted positive gains of 6.45% in the last 4 weeks. Diageo plc is up 13.1% in the last 3-month period. Year-to-Date the stock performance stands at 9.87%.

Institutional Investors own 13.39% of Diageo plc shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Diageo plc (ADR) was Downgraded by Liberum to Sell on Jan 30, 2017. Diageo plc (ADR) was Initiated by Macquarie to Underperform on Nov 28, 2016.

Diageo is an multinational branded food and drinks company. Diageo has an outstanding portfolio of world-famous food and drinks brands include Smirnoff, Johnnie Walker, J&B, Gordons, Malibu, Baileys, Guinness and Tanqueray.


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