diff --git a/databases/py-psycopg2/Makefile b/databases/py-psycopg2/Makefile
index e2b60a96e47a..63171341d13e 100644
--- a/databases/py-psycopg2/Makefile
+++ b/databases/py-psycopg2/Makefile
@@ -2,7 +2,7 @@
 # $FreeBSD$
 
 PORTNAME=	psycopg2
-PORTVERSION=	2.7.3.2
+PORTVERSION=	2.7.4
 CATEGORIES=	databases python
 MASTER_SITES=	CHEESESHOP \
 		http://initd.org/psycopg/tarballs/PSYCOPG-${PORTVERSION:R:S|.|-|}/
diff --git a/databases/py-psycopg2/distinfo b/databases/py-psycopg2/distinfo
index e99ed3c87f0d..b48e77cba989 100644
--- a/databases/py-psycopg2/distinfo
+++ b/databases/py-psycopg2/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1508946466
-SHA256 (psycopg2-2.7.3.2.tar.gz) = 5c3213be557d0468f9df8fe2487eaf2990d9799202c5ff5cb8d394d09fad9b2a
-SIZE (psycopg2-2.7.3.2.tar.gz) = 425107
+TIMESTAMP = 1518182898
+SHA256 (psycopg2-2.7.4.tar.gz) = 8bf51191d60f6987482ef0cfe8511bbf4877a5aa7f313d7b488b53189cf26209
+SIZE (psycopg2-2.7.4.tar.gz) = 425331