Darden Restaurants (DRI) Reports In-Line Q1 EPS; Guides Q2 EPS to Strong Side

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Darden Restaurants (DRI) Declares $0.55 Quarterly Dividend; 4.6% Yield

September 12, 2014 7:17 AM EDT

Darden Restaurants (NYSE: DRI) declared a quarterly dividend of $0.55 per share, or $2.2 annualized.

The dividend will be payable on November 3, 2014, to stockholders of record on October 10, 2014, with an ex-dividend date of October 8, 2014.

The annual yield on the dividend is 4.6 percent.

For... More

Starboard Publishes Transformation Plan for Darden (DRI)

September 12, 2014 6:14 AM EDT

Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Darden Restaurants, Inc. (NYSE: DRI), with beneficial ownership of approximately 8.8% of the outstanding common stock of the Company, published its detailed Transformation Plan for Darden and urged shareholders to vote for Starboard's full slate of twelve highly qualified director candidates for election to the Company's Board of Directors (the "Board") at the upcoming 2014 Annual Meeting of Shareholders (the "Annual Meeting").

The full presentation, Transforming Darden Restaurants, can be found at... More