Diageo plc

DEO
Consumer Defensive
$94.62
3.51%Fair Value

Diageo plc (DEO) is a Consumer Defensive company that currently yields 3.51% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $82.02 and the overvaluation threshold at $143.01. Diageo plc holds a quality score of 38/100 (Risky), reflecting 3 consecutive years of dividend growth with a 107% payout ratio. The 5-year dividend CAGR stands at 2.6%.

DEO Dividend Yield History — Weiss Valuation

Underval. $82.02Overval. $143.01

Distance to undervalued

Waiting for a better entry

Needs about 13.3% downside to reach the Weiss buy zone

Undervaluation starts near $82.02, where the annual dividend would imply roughly 4.05% yield. That is 0.54% above today's yield.

Buy-zone price

$82.02

Target yield

4.05%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

3Y

Verify the dividend record before treating yield as durable.

Earnings payout

107%

Coverage deserves a closer look in filings.

Cash payout

43%

Free cash flow coverage supports the payment.

Dividend growth

2.6%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Diageo plc is trading at a fair valuation relative to its dividend history.

Current yield 3.5% vs historical max 4.2% (83% of maximum).

3 years of uninterrupted dividends.

Elevated payout ratio of 107%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 38/100 quality score says the headline yield needs extra skepticism.

The earnings payout ratio is above 100%, so coverage is the first risk to unpack.

DEO Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$360

Year 10 Income

$645

Yield on Cost

6.74%

Total Income

$4,874

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

See what DEO dividends you actually received with Sharesight

Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

Sharesight ↗

DEO Dividend Quality Score

Quality Score

38/ 100

Risky

Payout Ratio0/25
Dividend Streak5/25
Growth (CAGR 5Y)8/20
Yield vs History10/15
FCF Coverage15/15

Key Metrics

Current Price$94.62
Annual Dividend$3.32
Current Yield3.51%
Yield — Max (10Y)4.23%
Yield — Min (10Y)2.41%
Undervalued Below$82.02
Overvalued Above$143.01
Payout Ratio106.52%
CAGR Dividend 5Y2.6%
CAGR Dividend 10Y1.8%
Years No Cut3y

Invest in DEO

Check Diageo plc availability and current costs on eToro

Check eToro terms and availability →
Fractional sharesFees vary by countryCapital at risk

DividendVisual may earn a commission if you open an account via this link, at no cost to you. Capital at risk. Not financial advice.

3
consecutive years of dividend growth