diff --git a/devel/py-yaml/Makefile b/devel/py-yaml/Makefile
index f6997f6a7cf48..f754cf688bb02 100644
--- a/devel/py-yaml/Makefile
+++ b/devel/py-yaml/Makefile
@@ -2,7 +2,7 @@
 # $FreeBSD$
 
 PORTNAME=	yaml
-PORTVERSION=	5.2
+PORTVERSION=	5.3.1
 CATEGORIES=	devel python
 MASTER_SITES=	CHEESESHOP
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
diff --git a/devel/py-yaml/distinfo b/devel/py-yaml/distinfo
index aeeb0c5bf0e83..e1128148eaad0 100644
--- a/devel/py-yaml/distinfo
+++ b/devel/py-yaml/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1575414761
-SHA256 (PyYAML-5.2.tar.gz) = c0ee8eca2c582d29c3c2ec6e2c4f703d1b7f1fb10bc72317355a746057e7346c
-SIZE (PyYAML-5.2.tar.gz) = 265687
+TIMESTAMP = 1587917471
+SHA256 (PyYAML-5.3.1.tar.gz) = b8eac752c5e14d3eca0e6dd9199cd627518cb5ec06add0de9d32baeee6fe645d
+SIZE (PyYAML-5.3.1.tar.gz) = 269377