Darden Restaurants hikes dividend by 7.1%

On June 20, 2025, Darden Restaurants (DHI) announced that it will hike its quarterly dividend by 7.1% to $1.50 per share. This marks the fifth consecutive year of increases for DHI.

Last year Darden hiked the dividend by 6.9% to $1.40 quarterly per share. The dividend yield is 2.66% at a stock price of $219.64. The stock trades at an all time high. The next dividend will be paid on August 1, 2025.

Darden Restaurants, Inc. is a full-service restaurant company with operations in the United States and Canada. Its brands include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.  Darden Restaurants is a Florida corporation incorporated in March 1995. The company initiated a dividend in 1995 and temporarily suspended its payment in 2020 because of COVID-19. In the fourth quarter of 2020 the dividend was reinstated.