Dollar General Corporation (DG) to Distribute Quarterly Dividend of $0.59 on July 21st

Dollar General Corporation (NYSE:DG) announced a quarterly dividend on Monday, June 1st. Investors of record on Tuesday, July 7th will be paid a dividend of 0.59 per share on Tuesday, July 21st. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, July 7th.

Dollar General has increased its dividend by an average of 0.1%annually over the last three years. Dollar General has a payout ratio of 37.9% meaning its dividend is sufficiently covered by earnings. Equities research 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%.

Dollar General Trading Up 0.0%

Dollar General stock opened at $118.19 on Friday. The stock has a 50-day simple moving average of $111.27 and a 200 day simple moving average of $128.69. The stock has a market capitalization of $26.07 billion, a P/E ratio of 16.72, a PEG ratio of 1.80 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the prior year, the company earned $1.78 earnings per share. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Analysts expect that Dollar General will post 7.38 earnings per share for the current year.

About Dollar General

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.