Dollar General Dividend
Dividend criteria checks 5/6
Dollar General is a dividend paying company with a current yield of 2.7% that is well covered by earnings. Next payment date is on 22nd October, 2024 with an ex-dividend date of 8th October, 2024.
Key information
2.7%
Dividend yield
37%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 22 Oct 24 |
| Ex dividend date | 08 Oct 24 |
| Dividend per share | US$2.360 |
| Earnings per share | US$6.44 |
| Dividend yield forecast | 2.9% |
Recent dividend updates
Dollar General (NYSE:DG) Has Affirmed Its Dividend Of $0.59
Jun 27
Dollar General (NYSE:DG) Is Due To Pay A Dividend Of $0.59
Jun 13Dollar General (NYSE:DG) Has Announced A Dividend Of $0.59
Apr 02Recent updates
Dollar General (NYSE:DG) Is Reinvesting At Lower Rates Of Return
Sep 17The Price Is Right To Buy Dollar General Stock
Sep 12Dollar General: I Was Dead Wrong, Thesis Revisited (Rating Downgrade)
Sep 06Investors Give Dollar General Corporation (NYSE:DG) Shares A 30% Hiding
Aug 30Dollar General: Oh Boy...
Aug 29We Think Dollar General (NYSE:DG) Is Taking Some Risk With Its Debt
Aug 27Dollar General Looks Enticing Here
Jul 29Is Dollar General Corporation (NYSE:DG) Trading At A 36% Discount?
Jul 22Dollar General (NYSE:DG) Has Affirmed Its Dividend Of $0.59
Jun 27Dollar General (NYSE:DG) Is Due To Pay A Dividend Of $0.59
Jun 13Dollar General Double Play: Owning The Shelves And The Bricks
May 28We Think Dollar General (NYSE:DG) Is Taking Some Risk With Its Debt
May 22Dollar General Corporation's (NYSE:DG) Share Price Could Signal Some Risk
May 07Dollar General: Cost Management And Same-Store Sales Growth Key To Recovery
Apr 25Dollar General: Headwinds Remain
Apr 18Dollar General (NYSE:DG) Has Announced A Dividend Of $0.59
Apr 02Here's What's Concerning About Dollar General's (NYSE:DG) Returns On Capital
Apr 01Dollar General: 'Back To Basics' Turnaround Plan May Prove That The Stock Is Still Trading At A Large Discount
Mar 20Dollar General Corporation (NYSE:DG) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 16Dollar General: Blowout Quarter Needed (Rating Downgrade)
Mar 12A Look At The Intrinsic Value Of Dollar General Corporation (NYSE:DG)
Mar 11Dollar General: Business Model Struggling In Modern America
Feb 24Dollar General (NYSE:DG) Takes On Some Risk With Its Use Of Debt
Jan 24Dollar General: A Great Company Still Available At A Substantial Discount
Jan 08Dollar General: Why Things Have Gone Wrong And If A Revitalization Is Possible
Jan 02There's Reason For Concern Over Dollar General Corporation's (NYSE:DG) Price
Dec 25A Look At The Fair Value Of Dollar General Corporation (NYSE:DG)
Dec 07Dollar General Q3 Preview: Expect Weakness
Dec 04Dollar General: Growing Risk And Shrinking Opportunity
Nov 21Dollar General Vs. Dollarama: Value Vs. Quality
Oct 30Does Dollar General (NYSE:DG) Have A Healthy Balance Sheet?
Oct 23Dollar General Appoints A New CEO, Are Shares A Buy?
Oct 13Dollar General (NYSE:DG) May Have Issues Allocating Its Capital
Oct 08Dollar General: A Strong Earnings Compounder Facing Growth Ceiling
Sep 29Dollar General: Short-Term Headwinds Could Be Indicative Of Deeper Issues
Sep 205 Differences Between Five Below And Dollar General
Sep 14Dollar General Corporation (NYSE:DG) Shares Could Be 38% Below Their Intrinsic Value Estimate
Sep 05Dollar General Stock: Shakeout In Progress
Aug 31Dollar General May Be Set To Surprise Next Quarter
Aug 17Dollar General's Growth Is Undervalued Relative To Dollar Tree
Aug 10Does Dollar General (NYSE:DG) Have A Healthy Balance Sheet?
Jul 18Dollar General: Looking Cheap Using DCF And Comparables
Jul 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DG's dividends per share have been stable in the past 10 years.
Growing Dividend: DG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dollar General Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DG) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Consumer Retailing) | 1.2% |
| Analyst forecast (DG) (up to 3 years) | 2.9% |
Notable Dividend: DG's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: DG's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.6%), DG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.7%), DG's dividend payments are well covered by cash flows.