Diageo PLC (LON:DGE) Share Price
Name: Diageo PLC (LON:DGE)
Description: There’s a lot to like about Diageo (LON:DGE) from an investment perspective. Not only does it own well-known brands such as Johnnie Walker, Smirnoff, and Tanqueray, but it also has plenty of exposure to the world’s emerging markets, where wealth is rising rapidly. It’s worth pointing out that the company is experiencing a few challenges right now due to consumer spending weakness. However, taking a long-term view, the company has a lot of growth potential and after a big share price pullback, the stock looks attractive. 20/11/23
Summary
Today’s Diageo PLC share price is 2,812.34p (as of 01/12/2023 17:39) which is a change of 48.84 or 1.77% from the last closing price of 2,812.34 with 3,596,485 shares traded giving Diageo PLC a market capitalisation of £80,230,380,129. The most recent daily high has been 2,817 and daily low 2,760. The Diageo PLC share price 52 week high has been 3,881.5 and the 52 week low 2,719. Based on the most recent Diageo PLC share price opening of 2,812.34, the current Diageo PLC EPS (earnings per share) are 1.64 and the PE (price earnings ratio) is 17.1.
Pros
- Owns many well-known brands
- Generates a high return on capital
- Excellent dividend growth track record
Cons
- Above-average valuation
- Vulnerable to consumer weakness
- New CEO
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Outlook
(5)
Overall
5
Is Diageo a good dividend stock to buy?
In this analysis we look at Diageo, the largest drinks company in the London Stock Exchange and if they are good for an income-generating dividend-based portfolio. Finding a “dividend aristocrat” – a company that not only pays a steady dividend but progressively increases it – is the dream of many investors. Dividends, as seasoned investors