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Darden Restaurants (DRI) Boosts Quarterly Dividend 35% to $0.43; 3.5% Yield

June 30, 2011 4:32 PM EDT
Darden Restaurants, Inc. (NYSE: DRI) declared a quarterly dividend of $0.43 per share, or $1.72 annualized. The dividend is a 35 percent increase from the current rate of $0.32.

The dividend will be payable on August 1, 2011, to stockholders of record on July 11, 2011, with an ex-dividend date of July 7, 2011.

The annual yield on the dividend is 3.5 percent.


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