Dollar General Corporation Announces Quarterly Dividend of $0.59 (NYSE:DG)

Dollar General Corporation (NYSE:DG) declared a quarterly dividend on Wednesday, March 11th. Investors of record on Tuesday, April 7th will be given a dividend of 0.59 per share on Tuesday, April 21st. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, April 7th.

Dollar General has increased its dividend payment by an average of 0.1%per year over the last three years. Dollar General has a dividend payout ratio of 37.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Dollar General to earn $5.98 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 39.5%.

Dollar General Trading Down 6.6%

Shares of NYSE DG traded down $9.50 during midday trading on Thursday, hitting $135.34. The stock had a trading volume of 8,683,863 shares, compared to its average volume of 3,186,263. The firm has a market cap of $29.79 billion, a P/E ratio of 23.37, a price-to-earnings-growth ratio of 2.41 and a beta of 0.23. Dollar General has a fifty-two week low of $76.44 and a fifty-two week high of $158.23. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. The company’s 50-day simple moving average is $147.75 and its 200 day simple moving average is $123.40.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.36. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The business had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Research analysts anticipate that Dollar General will post 5.75 EPS 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.