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Diageo Announces Sterling Equivalent of Final Dividend

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Diageo Announces Sterling Equivalent of Final Dividend

TipRanks Black Friday Sale

Diageo ( (GB:DGE) ) just unveiled an update.

Diageo has announced the Sterling equivalent of its final dividend at 47.91 pence per ordinary share, following shareholder approval. This conversion was based on the exchange rate achieved through forward contracts for Sterling currency, with the dividend payment scheduled for 4 December 2025. This announcement reflects Diageo’s financial strategies and currency management, potentially impacting shareholder returns and market perception.

The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.20 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.

Spark’s Take on GB:DGE Stock

According to Spark, TipRanks’ AI Analyst, GB:DGE is a Neutral.

Diageo’s overall stock score is driven by strong financial performance, particularly in revenue growth and operational efficiency, despite challenges with profitability and cash flow. The technical analysis suggests a bearish trend, but valuation metrics are favorable with a reasonable P/E ratio and attractive dividend yield.

To see Spark’s full report on GB:DGE stock, click here.

More about Diageo

Diageo is a global leader in beverage alcohol, offering a diverse portfolio of brands in the spirits and beer categories, including Johnnie Walker, Smirnoff, and Guinness. The company operates in nearly 180 countries and is listed on both the London and New York Stock Exchanges.

Average Trading Volume: 4,698,924

Technical Sentiment Signal: Sell

Current Market Cap: £39.52B

Find detailed analytics on DGE stock on TipRanks’ Stock Analysis page.

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