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Diageo PLC (NYSE:DEO) declared a semiannual dividend on Friday, January 31st, American Banking & Market News reports. Stockholders of record on Friday, February 28th will be given a dividend of 1.2986 per share on Thursday, April 10th. This represents a yield of 2.16%. The ex-dividend date is Wednesday, February 26th.

A number of analysts have recently weighed in on DEO shares. Analysts at Goldman Sachs Group Inc. downgraded shares of Diageo PLC from a “buy” rating to a “neutral” rating in a research note to investors on Thursday. On the ratings front, analysts at Numis Securities Ltd downgraded shares of Diageo PLC to a “hold” rating in a research note to investors on Thursday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Diageo PLC in a research note to investors on Thursday, January 16th. They now have a $137.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $141.00.

Diageo PLC (NYSE:DEO) traded down 0.36% during mid-day trading on Friday, hitting $120.05. 1,266,116 shares of the company’s stock traded hands. Diageo PLC has a one year low of $111.87 and a one year high of $134.08. The stock’s 50-day moving average is $128.7 and its 200-day moving average is $127.3. The company has a market cap of $75.126 billion and a price-to-earnings ratio of 18.99.

Diageo plc (NYSE:DEO) is engaged in the drinks business with a collection of international brands.

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