Dollar General Corporation (NYSE:DG) to Issue $0.59 Quarterly Dividend

Dollar General Corporation (NYSE:DG – Get Free Report) declared a quarterly dividend on Wednesday, August 26th. Shareholders of record on Tuesday, October 6th will be given a dividend of 0.59 per share on Tuesday, October 20th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, October 6th.

Dollar General has raised its dividend by an average of 0.1%per year over the last three years. Dollar General has a dividend payout ratio of 37.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Dollar General to earn $8.02 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 29.4%.

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Dollar General Price Performance

Shares of NYSE DG traded up $3.29 during midday trading on Thursday, reaching $126.07. 6,403,632 shares of the stock traded hands, compared to its average volume of 3,132,578. The company’s 50 day moving average is $120.97 and its 200 day moving average is $123.31. Dollar General has a one year low of $95.11 and a one year high of $158.23. The stock has a market capitalization of $27.81 billion, a PE ratio of 17.83, a P/E/G ratio of 1.86 and a beta of 0.23. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25.

Dollar General (NYSE:DG – Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. The firm had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities research analysts anticipate that Dollar General will post 7.38 earnings per share for the current year.

Dollar General Company Profile

(Get Free Report)

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.

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