DGE.L - Diageo plc

LSE - LSE Delayed Price. Currency in GBp
3,105.79
-10.71 (-0.34%)
As of 3:25PM BST. Market open.
Stock chart is not supported by your current browser
Previous Close3,116.50
Open3,107.00
Bid3,105.00 x 0
Ask3,106.00 x 0
Day's Range3,059.50 - 3,122.00
52 Week Range2,627.00 - 3,633.50
Volume1,744,031
Avg. Volume4,899,643
Market Cap73.163B
Beta (3Y Monthly)0.76
PE Ratio (TTM)23.87
EPS (TTM)130.10
Earnings DateJul 24, 2019 - Jul 29, 2019
Forward Dividend & Yield0.69 (2.17%)
Ex-Dividend Date2019-08-08
1y Target Est2,916.05
  • Investors Should Bet on Things That Rarely Change
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    Investors Should Bet on Things That Rarely Change

    'What is not going to change' is the wise question to ask among managers and investors Continue reading...

  • Reuters

    Pernod Ricard Q1 sales growth slows as China and India decelerate

    French spirits maker Pernod Ricard , which is being targeted by activist investor Elliott, posted a 1.3% rise in first-quarter underlying sales, reflecting slower growth rates in China and India. In August Pernod, the world's second-biggest spirits group behind Diageo, had indicated it expected a relatively soft first quarter, citing a very high year-ago comparison basis in Asia. For the first quarter ended Sept. 30, Pernod reported sales of 2.483 billion euros ($2.75 billion), marking a like-for-like rise of 1.3%.

  • If You Had Bought Diageo (LON:DGE) Stock Five Years Ago, You Could Pocket A 85% Gain Today
    Simply Wall St.

    If You Had Bought Diageo (LON:DGE) Stock Five Years Ago, You Could Pocket A 85% Gain Today

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  • 6 Safe Dividend Stocks to Buy Now
    InvestorPlace

    6 Safe Dividend Stocks to Buy Now

    [Editor's note: "6 Safe Dividend Stocks to Buy Now" was previously published in September 2019. It has since been updated to include the most relevant information available.] From continuing concerns about the China-U.S. trade war to worries about the yield curve inversion, the stock market still faces many steep risks.America's political situation hasn't been this tense in decades. The EU is facing a host of challenges, and there's always volatility lurking somewhere.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAdd it all up, and things could easily get volatile quite soon. That leaves investors wondering where they can go for safety.After years of tech outperforming everything, the problems facing Apple (NASDAQ: AAPL), Facebook (NASDAQ:FB), and Amazon (NASDAQ:AMZN) have many people bailing on those stocks as well. * 7 A-Rated Stocks to Buy for the Rest of 2019 That leaves safe-haven dividend stocks as a more favorable alternative. Here are six worth taking a look at. Diageo (DEO)Dividend Yield: 2.10%Rain or shine, good economy or bad, people like to drink alcohol. And for safe dividend seekers, that makes Diageo (NYSE:DEO) an ideal play. While its name may not be familiar, its brands almost certainly are. Diageo owns and manufactures Guinness beer, Captain Morgan rum, Smirnoff vodka and Johnnie Walker whiskey, among many others. Source: Puamella via Flickr (Modified)DEO stock is a well-known safe haven for investors. The company is headquartered in the U.K. and was one of the very few stocks to go up the day after Brexit in that country as British investors sold risky stocks and moved to safety. Diageo will again serve as a safe haven whenever the next bear market/recession hits.Diageo isn't just a great business, it's also a great dividend play. The company has continuously raised its dividend (as measured in its home currency of British Pounds) each of the past 20 years. Campbell Soup (CPB)Dividend Yield: 3%Campbell Soup (NYSE:CPB) is one of the unloved packaged-foods makers. It's not hard to see why, if you only think about the company's name. Canned soup certainly isn't trendy with younger consumers at this point. And there's a general nutritional wariness about heavily salted foods.Source: Shutterstock That said, there's much more to Campbell Soup than just the iconic red cans. The company is more and more a snack food play. As we know, while Americans profess an interest in healthier eating, they still love their junk food from time to time. Campbell's, owner of Hanover, Pop Secret, Goldfish and Pepperidge Farm, is in a great position to profit off of this. * 7 A-Rated Stocks to Buy for the Rest of 2019 Pepsico (NYSE:PEP), the leader in snacks, consistently gets a high P/E ratio from the market, as investors acknowledge the stickiness of their brands with consumers. The market, however, is not appreciating Campbell Soup as much. Shares are down from $50 in 2017 to $47 now. PacWest Bancorp (PACW)Dividend Yield: 6.6%After investors dumped bank stocks late last year, a lot of value has been created in this generally overlooked sector of the market, where solid dividends abound.Source: Shutterstock That brings us to PacWest Bancorp (NASDAQ:PACW), which offers a more-than 6% dividend yield at the moment. Headquartered in Los Angeles, PacWest is a major player throughout the California market and currently sports a $4 billion market cap. That puts it in a sweet spot, size-wise, where it may still be a buyout candidate, but it is large enough to manage the rising costs of regulation and banking technology costs.Despite the horrid state of the California housing market in 2008, PacWest survived the crisis. In fact, its shares never came close to zero during the panic. The bank has come out stronger, and is now generating record profits. Thanks to the corporate tax cuts in particular, PACW stock is now at a cheap P/E ratio of just 9.4 times its trailing earnings. New York Community Bancorp (NYCB)Dividend Yield: 5.22%Despite its large yield, New York Community Bancorp (NASDAQ:NYCB) is an even safer bank stock. NYCB stock currently yields 5.2%, and they earn more than enough to cover the dividend, with earnings coming in at around 79 cents and dividends at 68 cents annually. NYCB stock was down 12% last year because the sector was down, as discussed above. Over the last few months, though, it has fought its way back to the levels it traded at before the fall. That's why the bank is one of the safest in the country. It lends primarily against multi-family homes in New York City, one of the lowest-risk lending markets out there. * 7 A-Rated Stocks to Buy for the Rest of 2019 The bank's loans barely budged in performance even during 2008. With a strong dividend covered out of earnings and a safe loan book, investors can earn a large dividend income from a most conservative bank. Southern Co (SO)Dividend Yield: 4%In the worst of times, people tend to still want to use electricity. Even a severe economic downturn tends to not impact utility stocks too dramatically. As such, it's a sound sector to buy when investors get panicky, such as what we're seeing with the market now.Source: Desiree Kane via FlickrSouthern Co (NYSE:SO), as one of the highest-yielding large power utilities, checks the boxes for safe dividend stocks here. SO stock is currently yielding 4%.Its high yield is in large part, it seems, due to interest rates having gone up. Many investors treat utility stocks as substitutes for bonds. As such, when interest rates go up, investors demand a higher yield from their utility stock as well. If interest rates were to keep surging for years to come, SO stock would likely underperform. Right now, though, that clearly is not the case. Exxon Mobil (XOM)Dividend Yield: 5%Speaking of things people use in good times and bad, gasoline ranks pretty high on the list. Sure there is a minor drop-off in consumption during recessions, as people take fewer road trips, for example, but in general, oil and gas is a safe haven business. And Exxon Mobil (NYSE:XOM) as the largest U.S. player is a true sleep-well-at-night stock.Source: Mike Mozart via Flickr (Modified)The combination of a fortress balance sheet, diversified operations and a storied dividend make XOM stock an excellent place to endure market storms. It may seem strange to call Exxon diversified. But what many investors don't realize is that much of big oil has spun off the other segments of their businesses.We saw a ton of refining and pipelines subsidiaries moved out of the parent companies into MLPs and other corporate entities. That is all well and good as far as shareholder value maximization goes. But Exxon's more diversified approach ensures that it remains solidly profitable even when the price of oil plummets, as it did in recent years.XOM stock is hardly the most exciting name in a high-growth market. But at 16.7 times earnings and paying a 5% dividend yield, it is a fine option for defensive investors. And buyers are still getting a fair value at this point.At the time of this writing, Ian Bezek owned DEO, CPB, PACW, NYCB and XOM stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 6 Safe Dividend Stocks to Buy Now appeared first on InvestorPlace.

  • Were Hedge Funds Right About Souring On Diageo plc  (DEO)?
    Insider Monkey

    Were Hedge Funds Right About Souring On Diageo plc (DEO)?

    As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the second quarter. We get to see hedge funds' thoughts towards the market and […]

  • Have Insiders Been Buying Diageo plc (LON:DGE) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying Diageo plc (LON:DGE) Shares This Year?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • The Pint Has Landed: Guinness Over The Moon Milk Stout From The Open Gate Brewery in Baltimore is Here
    PR Newswire

    The Pint Has Landed: Guinness Over The Moon Milk Stout From The Open Gate Brewery in Baltimore is Here

    BALTIMORE, Sept. 26, 2019 /PRNewswire/ -- No one knows stout quite like Guinness. Today, just over 50 years after the first man landed on the moon, the brewers at the Guinness Open Gate Brewery in Baltimore announce Guinness Over The Moon Milk Stout – the latest in a line of new beers to come out of the home of experimental Guinness beers in the U.S. The newest beer to join the Guinness family is a full-bodied stout that has a creamy mouthfeel, full of flavor with hints of roasted malt, milk chocolate and rich coffee.

  • Diageo and Skybound Entertainment Present Spirits of the Apocalypse, a Strategic Alliance Launching The Walking Dead Kentucky Straight Bourbon Whiskey
    PR Newswire

    Diageo and Skybound Entertainment Present Spirits of the Apocalypse, a Strategic Alliance Launching The Walking Dead Kentucky Straight Bourbon Whiskey

    The Walking Dead Kentucky Straight Bourbon Whiskey is a limited-edition offering under Spirits of the Apocalypse. Available in stores nationwide beginning this October, the bourbon is good enough for the living, and sought after by the dead. "The Walking Dead comic book series changed the game and launched a post-apocalyptic genre that continues to attract a massive, enthusiastic fan base," said Dave McNulty, Senior Director of Culture, Entertainment and Partnerships at Diageo North America.

  • Kraft Heinz Flavors Up Coffee Aisle with Non-Alcoholic BAILEYS® Ready-to-Drink Cold Brew Coffee in Cans
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  • GuruFocus.com

    Diageo: A Top Beer Stock to Hold During Recessions

    Brewers have profitable business models, long-term growth potential and the ability to withstand recessions. This makes Diageo a high-quality dividend growth stock Continue reading...

  • Diageo North America Employees Convene For Local Volunteer Efforts
    PR Newswire

    Diageo North America Employees Convene For Local Volunteer Efforts

    NEW YORK, Sept. 19, 2019 /PRNewswire/ -- This month, nearly 1000 Diageo North America employees are giving back to communities where the company operates through a series of projects and events across the region. Today alone more than 300 employees from Diageo's New York City and Norwalk, Connecticut offices took part in the second annual Diageo Community Activity and Relief Efforts ("Diageo CAREs") day through a series of projects aimed at restoration and beautification of Lower Manhattan.  The location holds particular significance after the company announced earlier this year plans to relocate their primary North America office location to the area.

  • Moody's

    U.S. Virgin Islands (Government of) -- Moody's confirms US Virgin Islands' Caa3 issuer rating; outlook stable

    Rating Action: Moody's confirms US Virgin Islands' Caa3 issuer rating; outlook stable. Global Credit Research- 19 Sep 2019. New York, September 19, 2019-- Moody's Investors Service has confirmed the US ...

  • Barrons.com

    Guinness Owner Warns Over Global Trade Tensions

    Diageo’s stock wobbled on Thursday after the British drinks giant warned it was “not immune” to global trade policy changes.

  • Reuters

    CORRECTED-UPDATE 1-Diageo keeps organic sales forecast, says not immune to trade policy changes

    Spirits maker Diageo Plc said on Thursday it was "not immune" to changes in global trade policies, but based on the current environment expects to meet its full-year organic sales targets. The Johnnie Walker whisky and Tanqueray gin maker said it continues to expect organic net sales growth to be towards the mid-point of a 4% to 6% range and organic operating profit to grow roughly one percentage point ahead of organic net sales. The company also said it expects first-half organic operating profit growth to be in-line with or slightly behind organic net sales growth, due to stronger prior year comparables.

  • Diageo reports good start to 2020
    MarketWatch

    Diageo reports good start to 2020

    The world’s largest liquor maker said it expects first half organic operating profit growth in-line with, or slightly behind, organic net sales growth.

  • 17 Consumer Staples Stocks to Take the Edge Off Your Portfolio
    Kiplinger

    17 Consumer Staples Stocks to Take the Edge Off Your Portfolio

    Consumer staples stocks have largely fallen off the radar in recent months. Investors have been much more focused on growth as corporate earnings have pleasantly surprised, the U.S.-China trade spat showed signs of hope and the Federal Reserve decided to keep interest rates steady.Naturally, these more defensive companies haven't been especially red-hot of late. Consumer staples stocks have lagged the marketwide bounce that took shape beginning in late December. But with many other sectors starting to feel the weight of unwieldy gains, and with China trade talks yet again hitting turbulence, the sector might be ready to heat up again.Steve Azoury, founder of financial planning firm Azoury Financial, says, "Consumer staples, the products that people use every day, will always be a big part of America's economy." "The trick," he adds, is identifying the companies that "will stay innovative and update their products and services to excite their customers, and thus the stock prices for investors."Here are 17 of the best consumer staples stocks to invest in at the moment. While some of these are blue-chip stocks that should ring a bell, others are lesser-known companies that serve as the backbone of brands you may be more familiar with. Almost all of them provide varying levels of dividend income. SEE ALSO: 57 Dividend Stocks You Can Count On

  • Reuters

    UPDATE 2-Diageo averts strike with unions over pay at Scottish distilleries

    Diageo Plc averted a planned strike on Tuesday at Scottish distilleries after reaching an agreement on worker pay with the GMB and Unite unions, a representative for the company said. The two-year deal includes a 3% pay increase in the first year and then a cost of living increase and a performance-based incentive bonus in the second year, the company said. More than 1,000 workers at Diageo's Scottish distilleries were set to go on strike, starting 2100 GMT on Tuesday.

  • How Do Analysts See Diageo plc (LON:DGE) Performing Over The Next Few Years?
    Simply Wall St.

    How Do Analysts See Diageo plc (LON:DGE) Performing Over The Next Few Years?

    The latest earnings update Diageo plc (LON:DGE) released in August 2019 suggested that the business gained from a...

  • Reuters

    UPDATE 1-Diageo unions demand 5% pay rise as they prepare for strikes -source

    Unions at Diageo are demanding a 5% pay rise for workers due to go on strike in Scotland later this month and believe the stoppages will cost the drinks company 1 million pounds ($1.2 million) a day, a source familiar with the matter said. A Diageo spokeswoman said that the unions had initially demanded 5% pay hikes when talks started in May, but had since come down to 3.5%. Members of Scotland's Unite and GMB unions, who make up half of Diageo's 3,000 Scottish workforce, are set to go on rolling strikes at the company's Cameronbridge, Leven and Shieldhall sites in Scotland between Sept. 17 and 27, after talks with Diageo collapsed last month.

  • Diageo unions demand 5% pay rise as they prepare for strikes: source
    Reuters

    Diageo unions demand 5% pay rise as they prepare for strikes: source

    A Diageo spokeswoman said that the unions had initially demanded 5% pay hikes when talks started in May, but had since come down to 3.5%. Members of Scotland's Unite and GMB unions, who make up half of Diageo's 3,000 Scottish workforce, are set to go on rolling strikes at the company's Cameronbridge, Leven and Shieldhall sites in Scotland between Sept. 17 and 27, after talks with Diageo collapsed last month. The unions on Aug. 30 again rejected Diageo's offer to increase wages by 2.8%, after rejecting a prior offer of 2.5%.

  • Benzinga

    Shryne Group Hires Former Canndescent, Diageo, LVMH Marketing Exec As CMO

    Elisabeth Baron has joined the Shryne Group as its first Chief Marketing Officer. The Shryne Group is a vertically-integrated cannabis holding company with an asset and license portfolio covering the breadth of California.

  • Is Diageo plc (LON:DGE) Worth UK£35.04 Based On Its Intrinsic Value?
    Simply Wall St.

    Is Diageo plc (LON:DGE) Worth UK£35.04 Based On Its Intrinsic Value?

    Does the September share price for Diageo plc (LON:DGE) reflect what it's really worth? Today, we will estimate the...

  • GuruFocus.com

    What Will Happen If Buybacks Are Banned?

    A response to Aswath Damodaran Continue reading...