Darden Restaurants, Inc. (NYSE:DRI) Announces Quarterly Dividend of $1.62

Posted by Brenda Bartman on Jun 25th, 2026

Darden Restaurants, Inc. (NYSE:DRI – Get Free Report) announced a quarterly dividend on Thursday, June 25th. Investors of record on Friday, July 10th will be paid a dividend of 1.62 per share by the restaurant operator on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, July 10th. This is a 8.0% increase from Darden Restaurants’s previous quarterly dividend of $1.50.

Darden Restaurants has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 4 years. Darden Restaurants has a dividend payout ratio of 52.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Darden Restaurants to earn $11.38 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 52.7%.

Darden Restaurants Price Performance

Shares of DRI stock traded down $0.77 during midday trading on Thursday, reaching $212.69. 3,423,179 shares of the company were exchanged, compared to its average volume of 1,202,643. Darden Restaurants has a 12 month low of $169.00 and a 12 month high of $222.56. The company has a market cap of $24.36 billion, a P/E ratio of 22.51, a PEG ratio of 1.91 and a beta of 0.60. The company’s 50 day moving average price is $201.60 and its two-hundred day moving average price is $200.89. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.25 and a current ratio of 0.39.

Darden Restaurants (NYSE:DRI – Get Free Report) last posted its quarterly earnings data on Thursday, June 25th. The restaurant operator reported $3.66 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.03. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter in the previous year, the business earned $2.98 EPS. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. Darden Restaurants has set its FY 2027 guidance at 11.100-11.350 EPS. On average, sell-side analysts expect that Darden Restaurants will post 10.62 earnings per share for the current year.

Trending Headlines about Darden Restaurants

Here are the key news stories impacting Darden Restaurants this week:

Positive Sentiment: Darden posted adjusted EPS of $3.66, topping estimates, while quarterly revenue rose 13.7% year over year, showing the business is still growing. Article Title
Positive Sentiment: The company increased its quarterly dividend and authorized a new $1.5 billion share repurchase program, both of which support shareholder returns. Article Title
Positive Sentiment: Operationally, same-restaurant sales beat expectations overall, with LongHorn Steakhouse helping drive the quarter and margins remaining strong. Article Title
Neutral Sentiment: Darden said it modernized its bylaws to enhance shareholder participation, a governance update that is unlikely to materially move near-term earnings. Article Title
Negative Sentiment: Revenue missed estimates and Olive Garden’s growth looked softer than expected, raising concern that traffic and comparable sales momentum may be slowing. Article Title
Negative Sentiment: Fiscal 2027 EPS guidance of $11.10 to $11.35 came in below consensus, suggesting margin or cost pressure could limit upside next year. Article Title

Darden Restaurants Company Profile

(Get Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.