Should You Buy Darden Restaurants, Inc. (NYSE:DRI) Before Its Ex-Dividend?

Darden Restaurants, Inc. (NYSE:DRI) will begin trading ex-dividend on October 9, 2018. The quarterly dividend payment of $ 0.75 per share is scheduled to be paid on November 1, 2018. Shareholders who purchased DRI prior to the ex-dividend date are eligible for the cash dividend payment.

The dividend yield based on the latest trading day closing price was 2.77 %. Owners of shares as of market close on October 9, 2018 will be eligible for the dividend.

According to the previous trading day, the closing price of DRI was $ 108.14, representing a 38.20 % increase from the 52 week low of $ 78.25 and a 12.79 % decrease over the 52 week high of $ 124.00.

Darden Restaurants, Inc. has a market capital of $ 13.42 billion and the average volume for company has been 1.27 million shares per day over the past 30 days.

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