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Darden Restaurants (DRI) Dividend Yield, Date & History

Darden Restaurants logo
$187.59 +4.15 (+2.26%)
(As of 12/20/2024 05:40 PM ET)

Darden Restaurants Dividend Summary

Dividend Yield
2.99%
Annual Dividend
$5.60
Next
Dividend Payment
Feb. 3
Annualized 3-Year
Dividend Growth
62.25%
Dividend Payout Ratio
64.59%

Darden Restaurants (DRI) pays an annual dividend of $5.60 per share, with a dividend yield of 2.99%. The next quarterly payment of $1.40 per share is scheduled for Monday, February 3, to investors who own the stock before the ex-dividend date of Friday, January 10. The company currently pays out 64.59% of its earnings and 38.87% of its cash flow as dividends.

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DRI Dividend Payments by Quarter

The chart below displays up to four years of Darden Restaurants' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DRI Dividend Yield Over Time

The chart below tracks Darden Restaurants' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Darden Restaurants vs. The Competition

Compare Darden Restaurants' annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypeDarden RestaurantsRetail CompaniesNYSE Companies
Annual Dividend$5.60$0.03$1.39
Dividend Yield2.99%165.84%3.58%
Annualized 3-Year Dividend Growth62.25%27.48%15.78%

Darden Restaurants Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings64.59%
Based on This Year's Estimate59.13%
Based on Next Year's Estimate53.08%
Based on Cashflow38.87%

Darden Restaurants Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/19/2024quarterly$1.40 - 3.5%1/10/20251/10/20252/3/2025
9/19/2024Quarterly$1.40+$0.11
8.53%
3.25%10/10/202410/10/202411/1/2024
6/20/2024quarterly$1.29-$0.02
1.53%
3.4%7/10/20247/11/20248/15/2024
3/21/2024quarterly$1.31 - 3%4/9/20244/10/20245/1/2024
12/15/2023quarterly$1.31 - 3.21%1/9/20241/10/20242/1/2024
9/21/2023quarterly$1.31 - 3.51%10/6/202310/10/202311/1/2023
6/22/2023quarterly$1.31+$0.10
8.26%
3.15%7/7/20237/10/20238/1/2023
3/23/2023quarterly$1.21 - 3.2%4/6/20234/10/20235/1/2023

This table shows Darden Restaurants' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Darden Restaurants Dividend - Frequently Asked Questions

The current dividend yield for Darden Restaurants is 2.99%. Learn more on DRI's dividend yield history.

The annual dividend for DRI shares is $5.60. Learn more on DRI's annual dividend history.

Darden Restaurants pays quarterly dividends to shareholders.

Darden Restaurants's next quarterly dividend payment of $1.40 per share will be made to shareholders on Monday, February 3, 2025.

Darden Restaurants's most recent quarterly dividend payment of $1.40 per share was made to shareholders on Friday, November 1, 2024.

Darden Restaurants's next ex-dividend date is Friday, January 10, 2025.

Darden Restaurants's most recent ex-dividend date was Thursday, October 10, 2024.

Over the past three years, the company's dividend has grown by an average of 62.25% per year.

The most recent change in the company's dividend was an increase of $0.11 on Thursday, September 19, 2024.

The dividend payout ratio for DRI is:
  • 64.59% based on the trailing year of earnings
  • 59.13% based on this year's estimates
  • 53.08% based on next year's estimates
  • 38.87% based on cash flow

Darden Restaurants' dividend yield of 3.36% is lower than the average Retail/Wholesale company that issues a dividend. Darden Restaurants' dividend payout ratio of 64.59% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Darden Restaurants stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:DRI) was last updated on 12/21/2024 by MarketBeat.com Staff
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