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 Video: What is a Stock Split?
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| Darden Restaurants is a restaurant company. Co. owns and operates restaurants through its subsidiaries in the U.S. and Canada under several trademarks. Co. has four reportable segments: Olive Garden, which is a dining Italian restaurant operator; LongHorn Steakhouse, which is a steakhouse restaurant brand with locations primarily in the eastern U.S.; Fine Dining, which includes The Capital Grille and Eddie V's, both are fine dining restaurant brands with locations in main metropolitan cities in the U.S.; and Other Business, which includes the following restaurant brands, Cheddar's Scratch Kitchen, Yard House, Bahama Breeze, Seasons 52, and The Capital Burger. According to our Darden Restaurants stock split history records, Darden Restaurants has had 2 splits. | |
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Darden Restaurants (DRI) has 2 splits in our Darden Restaurants stock split history database. The first split for DRI took place on May 02, 2002. This was a 3 for 2 split, meaning for each 2 shares of DRI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. DRI's second split took place on November 10, 2015. This was a 10000 for 8939 split, meaning for each 8939 shares of DRI owned pre-split, the shareholder now owned 10000 shares. For example, a 1500 share position pre-split, became a 1678.04004922251 share position following the split.
When a company such as Darden Restaurants splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Darden Restaurants stock split history from start to finish, an original position size of 1000 shares would have turned into 1678.04004922251 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Darden Restaurants shares, starting with a $10,000 purchase of DRI, presented on a split-history-adjusted basis factoring in the complete Darden Restaurants stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/18/2014 |
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| End date: |
09/16/2024 |
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| Start price/share: |
$45.01 |
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| End price/share: |
$160.14 |
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| Starting shares: |
222.17 |
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| Ending shares: |
297.79 |
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| Dividends reinvested/share: |
$31.29 |
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| Total return: |
376.88% |
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| Average Annual Total Return: |
16.90% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$47,679.41 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/18/2014 |
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| End date: |
09/16/2024 |
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| Start price/share: |
$45.01 |
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| End price/share: |
$160.14 |
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| Dividends collected/share: |
$31.29 |
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| Total return: |
325.30% |
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| Average Annual Total Return: |
15.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$42,522.94 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/02/2002 | 3 for 2 | | 11/10/2015 | 10000 for 8939 |
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