Darden Restaurants, Inc. (DRI) Ex-Dividend Date Scheduled for July 08, 2013

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Darden Restaurants, Inc. ( DRI ) will begin trading ex-dividend on July 08, 2013. A cash dividend payment of $0.55 per share is scheduled to be paid on August 01, 2013. Shareholders who purchased DRI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter. At the current stock price of $50.96, the dividend yield is 4.32%.

The previous trading day's last sale of DRI was $50.96, representing a -12.03% decrease from the 52 week high of $57.93 and a 15.53% increase over the 52 week low of $44.11.

DRI is a part of the Consumer Services sector, which includes companies such as McDonald's Corporation ( MCD ) and Starbucks Corporation ( SBUX ). DRI's current earnings per share, an indicator of a company's profitability, is $3.14. Zacks Investment Research reports DRI's forecasted earnings growth in 2014 as -3.08%, compared to an industry average of 10.1%.

For more information on the declaration, record and payment dates, visit the DRI Dividend History page.

Interested in gaining exposure to DRI through an Exchange Traded Fund [ETF]?
The following ETF(s) have DRI as a top-10 holding:

  • WisdomTree MidCap Dividend Fund ( DON ).

The top-performing ETF of this group is DON with an increase of 6.08% over the last 100 days. It also has the highest percent weighting of DRI at 0.82%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: DON , DRI , MCD , SBUX

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