Dollar General Corp. (NYSE:DG) declared a quarterly dividend on Thursday, December 1st. Stockholders of record on Wednesday, December 21st will be paid a dividend of 0.25 per share on Wednesday, January 4th. This represents a $1.00 annualized dividend and a dividend yield of 1.29%.

Dollar General Corp. (NYSE:DG) opened at 77.32 on Thursday. The stock has a 50 day moving average of $71.74 and a 200 day moving average of $81.86. Dollar General Corp. has a one year low of $65.11 and a one year high of $96.88. The firm has a market cap of $21.78 billion, a PE ratio of 18.08 and a beta of 0.80.

Dividend History for Dollar General Corp. (NYSE:DG)

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DG has been the topic of a number of recent research reports. Buckingham Research reaffirmed a “buy” rating and set a $90.00 price target on shares of Dollar General Corp. in a research report on Tuesday. Morgan Stanley reaffirmed a “buy” rating and set a $97.00 price target on shares of Dollar General Corp. in a research report on Sunday, August 28th. Jefferies Group cut shares of Dollar General Corp. from a “buy” rating to a “hold” rating and reduced their price target for the company from $101.00 to $96.00 in a research report on Monday, August 15th. They noted that the move was a valuation call. JPMorgan Chase & Co. reduced their price target on shares of Dollar General Corp. from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, MKM Partners reaffirmed a “buy” rating and set a $97.00 price target on shares of Dollar General Corp. in a research report on Thursday, August 25th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $88.83.

Several institutional investors have recently modified their holdings of DG. Janney Montgomery Scott LLC boosted its stake in shares of Dollar General Corp. by 94.5% in the second quarter. Janney Montgomery Scott LLC now owns 24,198 shares of the company’s stock valued at $2,274,000 after buying an additional 11,760 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in shares of Dollar General Corp. by 2.9% in the second quarter. Artisan Partners Limited Partnership now owns 402,332 shares of the company’s stock valued at $37,819,000 after buying an additional 11,237 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in shares of Dollar General Corp. by 14.9% in the second quarter. Public Sector Pension Investment Board now owns 53,840 shares of the company’s stock valued at $5,061,000 after buying an additional 7,000 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Dollar General Corp. by 10.9% in the second quarter. Canada Pension Plan Investment Board now owns 23,400 shares of the company’s stock valued at $2,200,000 after buying an additional 2,300 shares during the last quarter. Finally, Advisor Partners LLC boosted its stake in shares of Dollar General Corp. by 8.9% in the second quarter. Advisor Partners LLC now owns 2,942 shares of the company’s stock valued at $277,000 after buying an additional 241 shares during the last quarter. Institutional investors own 82.88% of the company’s stock.

About Dollar General Corp.

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

5 Day Chart for NYSE:DG

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