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Darden Restaurants, Inc. (DRI) Ex-Dividend Date Scheduled for October 08, 2013
By: NASDAQ.com News
Darden Restaurants, Inc. ( DRI ) will begin trading ex-dividend on October 08, 2013. A cash dividend payment of $0.55 per share is scheduled to be paid on November 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 same period a year ago. At the current stock price of $46.72, the dividend yield is 4.71%.
The previous trading day's last sale of DRI was $46.72, representing a -16.42% decrease from the 52 week high of $55.90 and a 5.92% 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 $2.82. Zacks Investment Research reports DRI's forecasted earnings growth in 2014 as -8.21%, compared to an industry average of 8.4%.
Interested in gaining exposure to DRI through an Exchange
Traded Fund [ETF]?
The following ETF(s) have DRI as a top-10 holding:
- PowerShares Fundamental Pure Mid Core Portfolio ( PXMC ).
The top-performing ETF of this group is PXMC with an increase of 8.67% over the last 100 days. It also has the highest percent weighting of DRI at 0.83%.