Dollar General Corporation (DG) to Issue Quarterly Dividend of $0.59 on April 21st

Dollar General Corporation (NYSE:DG) declared a quarterly dividend on Wednesday, March 11th. Shareholders of record on Tuesday, April 7th will be given a dividend of 0.59 per share on Tuesday, April 21st. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, April 7th.

Dollar General has increased its dividend by an average of 0.1%per year 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 $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 Stock Up 0.1%

Shares of NYSE DG opened at $119.80 on Friday. The stock’s fifty day moving average is $140.35 and its 200 day moving average is $125.21. The stock has a market capitalization of $26.38 billion, a P/E ratio of 17.49, a PEG ratio of 1.94 and a beta of 0.34. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13. Dollar General has a 52 week low of $84.70 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.36. The company had revenue of $10.91 billion during the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts forecast that Dollar General will post 5.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Dollar General

A number of hedge funds have recently added to or reduced their stakes in the stock. Caldwell Trust Co purchased a new position in shares of Dollar General during the second quarter valued at approximately $25,000. Fideuram Asset Management Ireland dac bought a new stake in Dollar General during the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd raised its position in Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after buying an additional 182 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Dollar General in the 3rd quarter valued at $26,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its stake in Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after acquiring an additional 79 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

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.