Q: Hello 5i Team
I hold shares of Diageo (DEO) in my US$ rrsp account.
On February 25, DEO announced the dividend would be reduced.
DEO paid there dividend for the ADR semi-annually (i.e. April and October) and for 2025 payment amounts were approximately US$1.62 and US$2.52
1 - Did DEO convert to quarterly dividend payments ?
2 - Is there an indication of the total annual dividend payment for 2026 - not sure if DEO stated this in their press release however I am assuming it would be British Pounds.
3 - Is DEO a long term hold, given the reduced dividend ?
Thanks
I hold shares of Diageo (DEO) in my US$ rrsp account.
On February 25, DEO announced the dividend would be reduced.
DEO paid there dividend for the ADR semi-annually (i.e. April and October) and for 2025 payment amounts were approximately US$1.62 and US$2.52
1 - Did DEO convert to quarterly dividend payments ?
2 - Is there an indication of the total annual dividend payment for 2026 - not sure if DEO stated this in their press release however I am assuming it would be British Pounds.
3 - Is DEO a long term hold, given the reduced dividend ?
Thanks