Dividends on ordinary shares are normally paid twice a year – an interim dividend and a final dividend. The approximate split between the two payments is 40/60.

You can choose whether to take your dividends in cash or to reinvest them in ordinary shares under our Dividend Reinvestment Plan (DRIP).

Cash dividend payments are made directly to your bank or building society account on the dividend payment date.

Shareholders are reminded that dividend payments are no longer made by cheque, and so Shareholders will be required to provide details of their bank account or building society (if they have not done so already).

Shareholders will need to complete and return a bank mandate instruction to MUFG Corporate Markets (formerly Link Group) by the dividend record date, accessed via the Share Portal.

Alternatively, you can update your mandate over the phone by calling +44(0)3712771010 where you will be asked some security questions – please ensure you have your documentation to hand prior to calling.

Dividend confirmations

To help with record keeping and to reduce printing, paper and postage costs, dividend confirmations are now only available online via the share portal. Shareholders who have provided their email address will receive an email notification at the time of each dividend payment to let them know that the confirmation is available to view.

Dividend mandates

You can have your cash dividends paid directly into your UK bank account on the dividend payment. To notify the Registrar of your bank details you can:

  • Register with our Share Portal. This is the easiest way to notify the Registrar and also allows you to manage your holding online.
  • If you live outside the UK, our Registrar, MUFG Corporate Markets, offer an International Payments Service, which facilitates the conversion of your dividend payment into the currency of your choice with payment electronically. You can sign up for this service on our Share Portal.

Dividend Reinvestment Plan (DRIP)

The DRIP gives you the opportunity to build up your shareholding in Diageo by using your cash dividends to purchase further Diageo shares.

The DRIP is administered by our Registrar, MUFG Corporate Markets. Please contact the Registrar should you wish to reinvest your dividends.

Visit our financial calendar for the record date and the date for return of DRIP mandate forms in respect of a particular dividend.

The purchases are made on, or as soon as reasonably practicable, after the dividend payment date, at the market price(s) available at the time. Any surplus cash dividend remaining is carried forward and added to your next dividend payment.

To be eligible to participate in the DRIP for a particular dividend your shareholding must appear on the share register on the record date for the payment of that dividend.

Full terms and conditions can be found on the Share Portal.

Dividend history