Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar's Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
Darden Restaurants Dividend Announcement
• Darden Restaurants announced a quarterly dividend of $1.40 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-10
• Darden Restaurants annual dividend for 2024 was $5.42
• Darden Restaurants annual dividend for 2023 was $5.04
• Darden Restaurants's trailing twelve-month (TTM) dividend yield is 4.03%
• Darden Restaurants's payout ratio for the trailing twelve months (TTM) is 61.13%
• Darden Restaurants's dividend growth over the last five years (2018-2023) was 12.80% year
• Darden Restaurants's dividend growth over the last ten years (2013-2023) was 9.15% year
Darden Restaurants Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $1.40 | quarterly | 2024-11-01 |
2024-07-10 | $1.40 | quarterly | 2024-08-01 |
2024-04-09 | $1.31 | quarterly | 2024-05-01 |
2024-01-09 | $1.31 | quarterly | 2024-02-01 |
2023-10-06 | $1.31 | quarterly | 2023-11-01 |
2023-07-07 | $1.31 | quarterly | 2023-08-01 |
2023-04-06 | $1.21 | quarterly | 2023-05-01 |
2023-01-09 | $1.21 | quarterly | 2023-02-01 |
2022-10-06 | $1.21 | quarterly | 2022-11-01 |
2022-07-07 | $1.21 | quarterly | 2022-08-01 |
2022-04-07 | $1.10 | quarterly | 2022-05-02 |
2022-01-07 | $1.10 | quarterly | 2022-02-01 |
2021-10-07 | $1.10 | quarterly | 2021-11-01 |
2021-07-08 | $1.10 | quarterly | 2021-08-02 |
2021-04-08 | $0.88 | quarterly | 2021-05-03 |
2021-01-07 | $0.37 | quarterly | 2021-02-01 |
2020-10-08 | $0.30 | quarterly | 2020-11-02 |
2020-01-09 | $0.88 | quarterly | 2020-02-03 |
2019-10-09 | $0.88 | quarterly | 2019-11-01 |
2019-07-09 | $0.88 | quarterly | 2019-08-01 |
2019-04-09 | $0.75 | quarterly | 2019-05-01 |
2019-01-09 | $0.75 | quarterly | 2019-02-01 |
2018-10-09 | $0.75 | quarterly | 2018-11-01 |
2018-07-09 | $0.75 | quarterly | 2018-08-01 |
2018-04-09 | $0.63 | quarterly | 2018-05-01 |
2018-01-09 | $0.63 | quarterly | 2018-02-01 |
2017-10-06 | $0.63 | quarterly | 2017-11-01 |
2017-07-06 | $0.63 | quarterly | 2017-08-01 |
2017-04-06 | $0.56 | quarterly | 2017-05-01 |
2017-01-06 | $0.56 | quarterly | 2017-02-01 |
2016-10-05 | $0.56 | quarterly | 2016-11-01 |
2016-07-07 | $0.56 | quarterly | 2016-08-01 |
2016-04-07 | $0.50 | quarterly | 2016-05-02 |
2016-01-06 | $0.50 | quarterly | 2016-02-01 |
2015-10-07 | $0.55 | quarterly | 2015-11-02 |
2015-07-08 | $0.55 | quarterly | 2015-08-03 |
2015-04-08 | $0.55 | quarterly | 2015-05-01 |
2015-01-07 | $0.55 | quarterly | 2015-02-02 |
2014-10-08 | $0.55 | quarterly | 2014-11-03 |
2014-07-08 | $0.55 | quarterly | 2014-08-01 |
2014-04-08 | $0.55 | quarterly | 2014-05-01 |
2014-01-08 | $0.55 | quarterly | 2014-02-03 |
2013-10-08 | $0.55 | quarterly | 2013-11-01 |
2013-07-08 | $0.55 | quarterly | 2013-08-01 |
2013-04-08 | $0.50 | quarterly | 2013-05-01 |
2013-01-08 | $0.50 | quarterly | 2013-02-01 |
Darden Restaurants Dividend per year
Darden Restaurants Dividend growth
Darden Restaurants Dividend Yield
Darden Restaurants current trailing twelve-month (TTM) dividend yield is 4.03%. Interested in purchasing Darden Restaurants stock? Use our calculator to estimate your expected dividend yield:
Darden Restaurants Financial Ratios
Darden Restaurants Dividend FAQ
Other factors to consider when evaluating Darden Restaurants as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Darden Restaurants's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Darden Restaurants publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Darden Restaurants distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Darden Restaurants are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Darden Restaurants sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Darden Restaurants distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Darden Restaurants declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Darden Restaurants's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Darden Restaurants's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.