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Darden Restaurants (Darden Restaurants) Forward Dividend Yield % : 3.34% (As of Apr. 26, 2024)


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What is Darden Restaurants Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Darden Restaurants is 3.34%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Darden Restaurants is 3.34%.

DRI's Forward Dividend Yield % is ranked better than
66.48% of 176 companies
in the Restaurants industry
Industry Median: 2.345 vs DRI: 3.34

Darden Restaurants's Dividends per Share for the three months ended in Feb. 2024 was $1.31.

During the past 12 months, Darden Restaurants's average Dividends Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Darden Restaurants was 108.00% per year. The lowest was -15.00% per year. And the median was 14.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Darden Restaurants's Forward Dividend Yield %

For the Restaurants subindustry, Darden Restaurants's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Darden Restaurants's Forward Dividend Yield % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Darden Restaurants's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Darden Restaurants's Forward Dividend Yield % falls into.



Darden Restaurants Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Darden Restaurants Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3102024-04-092024-04-102024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.3102024-01-092024-01-102024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.3102023-10-062023-10-102023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.3102023-07-072023-07-102023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Darden Restaurants's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.24/156.54
=3.35 %

Current Share Price is $156.54.
Darden Restaurants's Dividends per Share for the forward twelve months is calculated as $1.31 * 4 = $5.24.

Darden Restaurants's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.24/156.54
=3.35 %

Current Share Price is $156.54.
Darden Restaurants's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.24.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Darden Restaurants  (NYSE:DRI) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Darden Restaurants Forward Dividend Yield % Related Terms

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Darden Restaurants (Darden Restaurants) Business Description

Traded in Other Exchanges
Address
1000 Darden Center Drive, Orlando, FL, USA, 32837
Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.
Executives
John W. Madonna officer: SVP, Corporate Controller 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Douglas J. Milanes officer: SVP, Chief Supply Chain Ofcr 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Melvin John Martin officer: President, SRG 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Sarah H. King officer: SVP, Chief HR Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Susan M. Connelly officer: SVP, Chief Comm & PA Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Lee Eugene I Jr officer: President, Speciality Rest Grp 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Rajesh Vennam officer: SVP, CFO and Treasurer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Ricardo Cardenas officer: SVP Chief Strategy Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Matthew R Broad officer: SVP General Counsel C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Todd Burrowes officer: President, LongHorn Steakhouse 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Daniel J. Kiernan officer: President, Olive Garden 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
William S Simon director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Nana Mensah director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard L. Renninger officer: SVP, Chief Development Officer 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Timothy J Wilmott director C/O PENN NATIONAL GAMING, INC., 825 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610

Darden Restaurants (Darden Restaurants) Headlines