Darden Restaurants, Inc. ( DRI ) will begin trading ex-dividend on October 07, 2015. A cash dividend payment of $0.55 per share is scheduled to be paid on November 02, 2015. Shareholders who purchased DRI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that DRI has paid the same dividend. At the current stock price of $68.47, the dividend yield is 3.21%.
The previous trading day's last sale of DRI was $68.47, representing a -9.43% decrease from the 52 week high of $75.60 and a 46.62% increase over the 52 week low of $46.70.
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 $2.28. Zacks Investment Research reports DRI's forecasted earnings growth in 2016 as 23.12%, compared to an industry average of 15.6%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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