Diageo Shares: Latest Dividend Information and Price Forecasts

Diageo is one of the world’s biggest alcohol companies. It owns well-known brands such as Johnnie Walker, Guinness, and Smirnoff. The company’s shares are traded in both the UK and the US, making them easy for global investors to access.

Right now, many people are checking Diageo’s latest dividend payout and what experts think about its future share price. That’s because the stock has seen big changes in recent months. From supply chain costs to tax issues in overseas markets, several factors are impacting its performance.

We’ll analyse the most recent details about Diageo’s dividend payouts.

Listings: Diageo is listed on the London Stock Exchange with the ticker symbol DGE. In the US, its American Depositary Receipts (ADR) trade under DEO on the NYSE.
Core Sector: Diageo operates in the alcoholic drinks industry and has a strong presence worldwide.
Key Brands: The company owns household names like Johnnie Walker, Guinness, and Smirnoff.

Latest Dividend Information

US ADR (DEO): For fiscal 2025, a full-year dividend of $3.18 per share has been confirmed. The most recent dividend of $1.62 was paid on April 24, 2025, after the ex-dividend date on February 28, 2025.
Dividend Yield (US): DEO offers a 3.07% yield, with a payout ratio of about 46.4%, well covered by earnings and cash flow.
UK Equity (DGE): Most recently, Diageo paid an interim dividend of 31.48p per share on April 24, 2025, which was declared on February 4, 2025, and went ex-div on February 27, 2025.
Dividend Yield (UK): DGE’s yield stands roughly at 4.1%, based on annual payouts.

Dividend Policy & Payout Ratio

Semi-annual payouts: Diageo usually issues its interim and final dividends twice a year, around April and October. DGE’s next final dividend is expected to be declared on July 29, 2025, and paid on October 16, 2025.
Coverage: DEO’s payout ratio (~46%) suggests a healthy margin between earnings and dividends. Dividend growth has been stable, averaging around 2.5% annually
Share buybacks: In addition to dividends, Diageo returns cash to shareholders through buybacks. The buyback yield in the U.S. is approximately 0.9%, raising the overall shareholder return to around 4.9% to 5%.

US ADR: DEO closed around $26.28 in early July 2025. Over the last 12 months, it has dipped, though a slight 4.35% rise occurred over the past two weeks.
UK equity: DGE trades at approximately £24.00–£26.00 (~2,400 GBX).
Volatility: Technical analysis suggests DGE is in a short-term downtrend. One forecast expects a 10% decline over the next three months, though longer-term projections remain more neutral.

Analyst Price Forecasts

UK Listing (DGE)

TradingView consensus: 2,404 GBX average price target, with estimates ranging from 1,728 GBX to 2,809 GBX.
MarketBeat Consensus: £2,413.33, indicating a 26.3% upside, with a target range between £1,738 and £2,829.

US ADR (DEO)

TipRanks: An average price target of $32.02 has been set by 16 analysts, with estimates between $24.84 and $37.79, suggesting a 21.8% upside.
SimplyWall.st: Projects compound earnings growth of 7.2% annually, and 6.9% EPS growth, supporting positive price momentum.

Factors Influencing Forecasts

Growth rates: Analysts expect strong earnings and EPS growth over the next 3 years (~7% per year)
Macro trends: Factors like trade tariffs, rising production costs, and evolving consumer habits (such as preference for premium or low-alcohol drinks) are key to forecasts.
Cash returns: Ongoing dividends and buybacks make the stock favorable in yield-focused models.

Conclusion

We have laid out Diageo’s solid dividend foundation, about 4% yield in the UK, 3% in the US, and reliable semi-annual payouts backed by strong earnings. Forecasts for share price show moderate upside, with analysts expecting 20–26% gains over the next year. Add in total yields approaching 5%, and Diageo’s financial outlook looks meaningful from a data perspective.

This snapshot gives you clear and factual insight into Diageo’s current financial health and market expectations without opinion or advice.

FAQS:

What is the next Diageo dividend?

Diageo’s next final dividend is expected to be declared on July 29, 2025. It is expected to be paid to shareholders on or before October 16, 2025.

What is the dividend yield for Diageo in 2025?

In 2025, Diageo’s dividend yield is around 4% for UK shares and about 3.1% for its U.S. ADR, based on current share prices and annual payouts.

What is the forecast for Diageo shares?

Experts forecast that Diageo’s stock price could increase over the next 12 months. Most forecasts suggest a 20% to 30% increase, depending on the market listing.

Disclaimer:
This content is for informational purposes only and not financial advice. Always conduct your research.