Darden Restaurants Dividend and Key News: Essential Update Before Oct 10, 2025 Ex-Dividend Date

Darden Restaurants (DRI) has provided detailed information regarding its upcoming dividend distribution. The company announced a cash dividend of $1.50 per share on Sept 18, 2025, with an ex-dividend date set for Oct 10, 2025. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid out on Nov 3, 2025. This payout significantly exceeds the 10-year average dividend per share of approximately $0.516, indicating a substantial increase in the company’s dividend strategy. The last dividend was also declared on Aug 1, 2025, at $1.50 per share, suggesting a consistent pattern of elevated payouts, which reflects confidence in the company’s financial strength and future earnings.

Over the past week, several developments have emerged that could influence Darden Restaurants’ market performance and investor sentiment. Most notably, the company filed an omnibus shelf registration in late September 2025, granting it flexibility to raise capital through common stock or debt securities as needed. This move highlights the company’s strategic readiness to adapt to market conditions or fund expansion opportunities. In addition, Darden recently updated its fiscal 2026 financial outlook following strong first-quarter results, reinforcing its long-term growth narrative that projects $14.3 billion in revenue and $1.4 billion in earnings by 2028. These projections imply a steady 5.7% annual revenue growth and expanding profit margins.

Analysts have also adjusted their expectations in recent days, with JPMorgan lowering DRI’s price target to $230 from $240, while maintaining an "Overweight" rating. The revised target suggests continued confidence in the company’s fundamentals despite cautious adjustments to valuation expectations. Meanwhile, Darden’s recent authorization of a $1.00 billion share buyback program signals a commitment to returning value to shareholders and optimizing capital structure. This move, combined with the elevated dividend rate, underscores the company’s strong liquidity position and confidence in its operational performance.

In conclusion, Darden Restaurants appears to be on a strong trajectory, supported by robust financial updates, a generous dividend strategy, and proactive capital management. Investors should note that the ex-dividend date of Oct 10, 2025, marks the final day to purchase shares and qualify for the current dividend. Any transactions after this date will not grant dividend eligibility.