Darden Restaurants Board Of Directors Increase Quarterly Dividend By 8% to $1.31
Portfolio Pulse from Benzinga Newsdesk
Darden Restaurants' Board of Directors has approved an 8% increase in the quarterly dividend, raising it to $1.31 per share.
June 22, 2023 | 11:11 am
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POSITIVE IMPACT
Darden Restaurants (DRI) announces an 8% increase in its quarterly dividend to $1.31 per share.
The increase in the dividend is a positive signal for investors, as it indicates the company's confidence in its financial performance and commitment to returning value to shareholders. This news is likely to have a positive impact on DRI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100