Darden Restaurants, Inc.

NYSE:DRI Stock Report

Market Cap: US$19.6b

Darden Restaurants Dividend

Dividend criteria checks 4/6

Darden Restaurants is a dividend paying company with a current yield of 3.36% that is well covered by earnings. Next payment date is on 1st November, 2024 with an ex-dividend date of 10th October, 2024.

Key information

3.4%

Dividend yield

61%

Payout ratio

Industry average yield1.9%
Next dividend pay date01 Nov 24
Ex dividend date10 Oct 24
Dividend per shareUS$5.600
Earnings per shareUS$8.88
Dividend yield forecast4.1%

Recent dividend updates

Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.40

Jun 26
Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.40

Recent updates

Darden Restaurants: Partnership With Uber Could Bring Incremental Sales

Sep 25

Darden Restaurants: Olive Garden May Surprise Positively

Sep 16

Most Shareholders Will Probably Find That The CEO Compensation For Darden Restaurants, Inc. (NYSE:DRI) Is Reasonable

Sep 12
Most Shareholders Will Probably Find That The CEO Compensation For Darden Restaurants, Inc. (NYSE:DRI) Is Reasonable

Shareholders Should Be Pleased With Darden Restaurants, Inc.'s (NYSE:DRI) Price

Sep 03
Shareholders Should Be Pleased With Darden Restaurants, Inc.'s (NYSE:DRI) Price

Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?

Aug 20
Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?

Darden Restaurants: Rating Downgrade As Near-Term Demand Outlook Is Not Looking Good

Jul 17

Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.40

Jun 26
Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.40

Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 21% Below Their Intrinsic Value Estimate

Jun 17
Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 21% Below Their Intrinsic Value Estimate

Darden's Earnings Preview: Comparing LongHorn Steakhouse Vs. Texas Roadhouse

Jun 14

Darden Restaurants (NYSE:DRI) May Have Issues Allocating Its Capital

May 24
Darden Restaurants (NYSE:DRI) May Have Issues Allocating Its Capital

Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly

May 12
Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly

Darden Restaurants, Inc.'s (NYSE:DRI) P/E Still Appears To Be Reasonable

Apr 28
Darden Restaurants, Inc.'s (NYSE:DRI) P/E Still Appears To Be Reasonable

Darden Restaurants: Staying On The Sidelines Until More Positive SSS Performance

Apr 21

Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?

Apr 16
Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?

Darden Restaurants: Still Not Tasty Enough, But Earnings Might Change That

Mar 19

Should You Be Adding Darden Restaurants (NYSE:DRI) To Your Watchlist Today?

Mar 04
Should You Be Adding Darden Restaurants (NYSE:DRI) To Your Watchlist Today?

Estimating The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)

Feb 21
Estimating The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)

Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?

Feb 09
Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?

Some Confidence Is Lacking In Darden Restaurants, Inc.'s (NYSE:DRI) P/E

Jan 16
Some Confidence Is Lacking In Darden Restaurants, Inc.'s (NYSE:DRI) P/E

Is It Too Late To Consider Buying Darden Restaurants, Inc. (NYSE:DRI)?

Dec 16
Is It Too Late To Consider Buying Darden Restaurants, Inc. (NYSE:DRI)?

Darden: Locking In Rapid-Return Gains, Stock Fairly Valued

Dec 15

Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital

Dec 04
Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital

Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?

Nov 10
Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?

Darden Remains Solid, But Isn't Immune To Industry Trends

Oct 24

Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 27% Below Their Intrinsic Value Estimate

Oct 16
Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 27% Below Their Intrinsic Value Estimate

Here's Why Darden Restaurants (NYSE:DRI) Has Caught The Eye Of Investors

Oct 04
Here's Why Darden Restaurants (NYSE:DRI) Has Caught The Eye Of Investors

Darden: Stable SSS Over The Next Few Quarters Should Drive Multiples Reversion To Mean

Oct 03

Darden Restaurants: Another Trade Following Fiscal Q1 Earnings

Sep 21

What Does Darden Restaurants, Inc.'s (NYSE:DRI) Share Price Indicate?

Sep 06
What Does Darden Restaurants, Inc.'s (NYSE:DRI) Share Price Indicate?

Darden Restaurants: Increased Consumer Dining Spend

Sep 01

Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital

Aug 21
Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital

These 4 Measures Indicate That Darden Restaurants (NYSE:DRI) Is Using Debt Reasonably Well

Aug 07
These 4 Measures Indicate That Darden Restaurants (NYSE:DRI) Is Using Debt Reasonably Well

A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)

Jul 09
A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)

Darden Restaurants (NYSE:DRI) Has Announced That It Will Be Increasing Its Dividend To $1.31

Jun 25
Darden Restaurants (NYSE:DRI) Has Announced That It Will Be Increasing Its Dividend To $1.31

Darden Restaurants: A Drop In Share Prices Sets Up A Trade

Jun 22

At US$164, Is It Time To Put Darden Restaurants, Inc. (NYSE:DRI) On Your Watch List?

Jun 05
At US$164, Is It Time To Put Darden Restaurants, Inc. (NYSE:DRI) On Your Watch List?

Darden Restaurants: Relatively Weak Financials To Get Better With Acquisition

Jun 05

The Returns At Darden Restaurants (NYSE:DRI) Aren't Growing

May 22
The Returns At Darden Restaurants (NYSE:DRI) Aren't Growing

Upcoming Dividend Payment

TodaySep 29 2024Ex Dividend DateOct 10 2024Dividend Pay DateNov 01 202422 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DRI's dividend payments have been volatile in the past 10 years.

Growing Dividend: DRI's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Darden Restaurants Dividend Yield vs Market
How does DRI dividend yield compare to the market?
SegmentDividend Yield
Company (DRI)3.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Hospitality)1.9%
Analyst forecast (DRI) (up to 3 years)4.1%

Notable Dividend: DRI's dividend (3.36%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: DRI's dividend (3.36%) is low compared to the top 25% of dividend payers in the US market (4.31%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.9%), DRI's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), DRI's dividend payments are covered by cash flows.


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