Dollar General Corporation (DG) to Issue Quarterly Dividend of $0.59 on January 20th

Dollar General Corporation (NYSE:DG) announced a quarterly dividend on Tuesday, December 2nd. Investors of record on Tuesday, January 6th will be given a dividend of 0.59 per share on Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, January 6th.

Dollar General has raised its dividend payment by an average of 0.1%annually over the last three years. Dollar General has a payout ratio of 37.9% indicating that its dividend is sufficiently covered by earnings. 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 Up 2.9%

Dollar General stock opened at $136.55 on Friday. The business has a 50 day moving average price of $116.37 and a two-hundred day moving average price of $111.26. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. Dollar General has a 12 month low of $66.43 and a 12 month high of $139.83. The stock has a market cap of $30.06 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 2.49 and a beta of 0.26.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.33. The business had revenue of $10.65 billion for the quarter, compared to analysts’ expectations of $10.60 billion. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.Dollar General’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.89 earnings per share. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. As a group, equities analysts forecast that Dollar General will post 5.75 EPS for the current year.

Dollar General Company Profile

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.