Darden Restaurants (Darden Restaurants) Dividend Payout Ratio

: 0.50 (As of Feb. 2024)

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Darden Restaurants's dividend payout ratio for the months ended in Feb. 2024 was 0.50.

The historical rank and industry rank for Darden Restaurants's Dividend Payout Ratio or its related term are showing as below:

DRI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.6 Max: 1.51
Current: 0.35

During the past 13 years, the highest Dividend Payout Ratio of Darden Restaurants was 1.51. The lowest was 0.32. And the median was 0.60.

DRI's Dividend Payout Ratio is ranked better than
52.26% of 155 companies
in the Restaurants industry
Industry Median: 0.38 vs DRI: 0.35

As of today (2024-04-19), the Dividend Yield % of Darden Restaurants is 3.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Darden Restaurants was 8.69%. The lowest was 0.45%. And the median was 3.11%.

Darden Restaurants's Dividends per Share for the 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.

Darden Restaurants Dividend Payout Ratio Historical Data

The historical data trend for Darden Restaurants's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Darden Restaurants Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Dividend Payout Ratio

0.51

1.37

0.32

0.60

0.61

Darden Restaurants Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Dividend Payout Ratio																0.52	0.14	0.74	0.71	0.50

Competitive Comparison

For the Restaurants subindustry, Darden Restaurants's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where Darden Restaurants's Dividend Payout Ratio falls into.

Darden Restaurants Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Darden Restaurants's Dividend Payout Ratio for the fiscal year that ended in May. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: May. 2023 )	/	EPS without NRI (A: May. 2023 )
	=	4.84	/	7.924
	=	0.61

Darden Restaurants's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	1.31	/	2.62
	=	0.50

Darden Restaurants (NYSE:DRI) Dividend Payout Ratio Explanation

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.

Darden Restaurants Dividend Payout Ratio Related Terms

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Darden Restaurants (Darden Restaurants) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Darden Restaurants Inc (NYSE:DRI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DDN:Germany DDN:Germany

Address

1000 Darden Center Drive, Orlando, FL, USA, 32837

Website

https://www.darden.com

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