Loading...

Dollar General

DB:7DG
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7DG
DB
$31B
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The last earnings update was 63 days ago. More info.


Add to Portfolio Compare Print
7DG Share Price and Events
7 Day Returns
1.6%
DB:7DG
-4.7%
Europe Multiline Retail
-3.2%
DE Market
1 Year Returns
30.7%
DB:7DG
-10%
Europe Multiline Retail
-11.6%
DE Market
7DG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dollar General (7DG) 1.6% -2% 3.8% 30.7% 35.7% 178%
Europe Multiline Retail -4.7% -7.4% 1.6% -10% -15.8% -36%
DE Market -3.2% -5.1% 0.3% -11.6% 5.3% 5.9%
1 Year Return vs Industry and Market
  • 7DG outperformed the Multiline Retail industry which returned -10% over the past year.
  • 7DG outperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
7DG
Industry
5yr Volatility vs Market
Related Companies

7DG Value

 Is Dollar General undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dollar General to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dollar General.

DB:7DG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 27 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:7DG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Multiline Retail Unlevered Beta Simply Wall St/ S&P Global 0.51
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.515 (1 + (1- 21%) (9.16%))
0.7
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:7DG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dollar General is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:7DG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5%)
2019 1,266.50 Analyst x8 1,206.24
2020 1,350.00 Analyst x9 1,224.58
2021 1,451.34 Analyst x9 1,253.87
2022 1,536.33 Analyst x3 1,264.14
2023 1,680.65 Analyst x2 1,317.08
2024 1,809.90 Analyst x2 1,350.88
2025 1,905.03 Est @ 5.26% 1,354.23
2026 1,976.42 Est @ 3.75% 1,338.12
2027 2,029.61 Est @ 2.69% 1,308.76
2028 2,069.24 Est @ 1.95% 1,270.82
Present value of next 10 years cash flows $12,888.72
DB:7DG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $2,069.24 × (1 + 0.23%) ÷ (5% – 0.23%)
$43,497.50
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $43,497.50 ÷ (1 + 5%)10
$26,713.87
DB:7DG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $12,888.72 + $26,713.87
$39,602.59
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $39,602.59 / 259.18
$152.8
DB:7DG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:7DG represents 0.88783x of NYSE:DG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88783x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 152.80 x 0.88783
€135.66
Value per share (EUR) From above. €135.66
Current discount Discount to share price of €108.28
= -1 x (€108.28 - €135.66) / €135.66
20.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Dollar General is available for.
Intrinsic value
20%
Share price is €108.28 vs Future cash flow value of €135.66
Current Discount Checks
For Dollar General to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Dollar General's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Dollar General's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dollar General's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dollar General's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:7DG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-01) in USD $5.99
NYSE:DG Share Price ** NYSE (2019-05-24) in USD $121.96
Europe Multiline Retail Industry PE Ratio Median Figure of 6 Publicly-Listed Multiline Retail Companies 15.14x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dollar General.

DB:7DG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DG Share Price ÷ EPS (both in USD)

= 121.96 ÷ 5.99

20.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dollar General is overvalued based on earnings compared to the Europe Multiline Retail industry average.
  • Dollar General is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Dollar General's expected growth come at a high price?
Raw Data
DB:7DG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 27 Analysts
5.9%per year
Europe Multiline Retail Industry PEG Ratio Median Figure of 5 Publicly-Listed Multiline Retail Companies 1.77x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:7DG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.35x ÷ 5.9%

3.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dollar General is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Dollar General's assets?
Raw Data
DB:7DG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-01) in USD $24.73
NYSE:DG Share Price * NYSE (2019-05-24) in USD $121.96
Europe Multiline Retail Industry PB Ratio Median Figure of 10 Publicly-Listed Multiline Retail Companies 1.51x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:7DG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DG Share Price ÷ Book Value per Share (both in USD)

= 121.96 ÷ 24.73

4.93x

* Primary Listing of Dollar General.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dollar General is overvalued based on assets compared to the Europe Multiline Retail industry average.
X
Value checks
We assess Dollar General's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Multiline Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Multiline Retail industry average (and greater than 0)? (1 check)
  5. Dollar General has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

7DG Future Performance

 How is Dollar General expected to perform in the next 1 to 3 years based on estimates from 27 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dollar General expected to grow at an attractive rate?
  • Dollar General's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Dollar General's earnings growth is positive but not above the Germany market average.
  • Dollar General's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:7DG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:7DG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 27 Analysts 5.9%
DB:7DG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 27 Analysts 6.4%
Europe Multiline Retail Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Europe Multiline Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:7DG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 27 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:7DG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-01-31 35,496 2,689 2,163 2
2023-01-31 33,329 2,579 2,009 2
2022-01-31 31,406 2,480 1,896 9
2021-01-31 29,462 2,253 1,783 27
2020-01-31 27,469 2,097 1,651 26
DB:7DG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-02-01 25,625 2,144 1,589
2018-11-02 25,105 2,173 1,818
2018-08-03 24,591 2,113 1,737
2018-05-04 23,976 1,840 1,624
2018-02-02 23,471 1,802 1,539
2017-11-03 23,351 1,624 1,241
2017-08-04 22,767 1,598 1,224
2017-05-05 22,331 1,712 1,235
2017-02-03 21,987 1,605 1,251
2016-10-28 21,264 1,707 1,213
2016-07-29 21,011 1,600 1,231
2016-04-29 20,715 1,425 1,207

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dollar General's earnings are expected to grow by 5.9% yearly, however this is not considered high growth (20% yearly).
  • Dollar General's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:7DG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 27 Analyst Estimates (S&P Global) See Below

All data from Dollar General Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7DG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-01-31 9.35 9.71 8.99 2.00
2023-01-31 8.46 8.68 8.23 2.00
2022-01-31 7.85 8.39 7.52 7.00
2021-01-31 7.12 7.35 6.93 24.00
2020-01-31 6.42 6.50 6.34 24.00
DB:7DG Past Financials Data
Date (Data in USD Millions) EPS *
2019-02-01 5.99
2018-11-02 6.80
2018-08-03 6.45
2018-05-04 5.99
2018-02-02 5.64
2017-11-03 4.53
2017-08-04 4.43
2017-05-05 4.44
2017-02-03 4.45
2016-10-28 4.26
2016-07-29 4.28
2016-04-29 4.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dollar General is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Dollar General's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dollar General has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

7DG Past Performance

  How has Dollar General performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dollar General's growth in the last year to its industry (Multiline Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dollar General's year on year earnings growth rate has been positive over the past 5 years.
  • Dollar General's 1-year earnings growth is less than its 5-year average (3.5% vs 11%)
  • Dollar General's earnings growth has not exceeded the Europe Multiline Retail industry average in the past year (3.5% vs 14%).
Earnings and Revenue History
Dollar General's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dollar General Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7DG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-01 25,625.04 1,589.47 5,683.46
2018-11-02 25,104.67 1,818.39 5,599.23
2018-08-03 24,590.81 1,736.78 5,484.64
2018-05-04 23,975.81 1,624.32 5,352.62
2018-02-02 23,470.97 1,538.96 5,205.74
2017-11-03 23,350.78 1,240.98 5,060.62
2017-08-04 22,767.21 1,223.76 4,930.91
2017-05-05 22,330.79 1,235.50 4,806.21
2017-02-03 21,986.60 1,251.13 4,712.89
2016-10-28 21,264.29 1,213.13 4,563.00
2016-07-29 21,011.31 1,231.14 4,475.48
2016-04-29 20,715.32 1,206.97 4,415.16
2016-01-29 20,368.56 1,165.08 4,359.90
2015-10-30 20,020.68 1,144.28 4,280.58
2015-07-31 19,678.04 1,127.27 4,194.98
2015-05-01 19,306.18 1,096.18 4,109.69
2015-01-30 18,909.59 1,065.35 4,017.21
2014-10-31 18,464.47 1,032.15 3,922.68
2014-08-01 18,121.90 1,033.22 3,839.53
2014-05-02 17,792.52 1,027.43 3,768.45
2014-01-31 17,504.17 1,025.12 3,690.56
2013-11-01 17,217.84 1,020.37 3,635.32
2013-08-02 16,800.65 990.67 3,561.80
2013-05-03 16,354.66 959.33 3,481.84
2013-02-01 16,022.13 952.66 3,427.43
2012-11-02 15,999.58 927.75 3,421.80
2012-08-03 15,630.16 891.23 3,361.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dollar General has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Dollar General used its assets more efficiently than the Europe Multiline Retail industry average last year based on Return on Assets.
  • Dollar General's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dollar General's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Multiline Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dollar General has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

7DG Health

 How is Dollar General's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dollar General's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dollar General is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dollar General's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dollar General's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dollar General Company Filings, last reported 3 months ago.

DB:7DG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-01 6,417.39 2,864.69 235.49
2018-11-02 6,355.89 2,904.37 260.69
2018-08-03 6,378.94 2,778.72 265.29
2018-05-04 6,236.32 2,864.39 283.97
2018-02-02 6,125.77 3,005.96 267.44
2017-11-03 5,744.16 3,121.10 226.19
2017-08-04 5,687.10 3,084.51 214.17
2017-05-05 5,528.88 3,033.28 205.98
2017-02-03 5,406.29 3,211.53 187.92
2016-10-28 5,361.85 3,174.69 200.24
2016-07-29 5,413.36 3,058.01 185.03
2016-04-29 5,388.38 2,991.19 187.69
2016-01-29 5,377.88 2,970.55 157.95
2015-10-30 5,343.59 3,106.69 182.51
2015-07-31 5,418.93 2,863.13 180.53
2015-05-01 5,385.86 2,715.58 225.12
2015-01-30 5,710.04 2,725.12 579.82
2014-10-31 5,343.64 2,769.26 216.16
2014-08-01 5,095.99 2,985.18 172.47
2014-05-02 4,832.23 3,111.17 166.71
2014-01-31 5,402.19 2,822.86 505.57
2013-11-01 5,274.95 2,929.39 167.41
2013-08-02 5,231.48 2,875.48 171.19
2013-05-03 5,178.90 2,842.30 161.08
2013-02-01 4,985.33 2,777.05 140.81
2012-11-02 4,734.86 3,031.83 146.63
2012-08-03 4,810.41 2,896.09 136.83
  • Dollar General's level of debt (44.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (52.5% vs 44.6% today).
  • Debt is well covered by operating cash flow (74.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 21.2x coverage).
X
Financial health checks
We assess Dollar General's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dollar General has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

7DG Dividends

 What is Dollar General's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.05%
Current annual income from Dollar General dividends. Estimated to be 1.1% next year.
If you bought €2,000 of Dollar General shares you are expected to receive €21 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Dollar General's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Dollar General's dividend is below the markets top 25% of dividend payers in Germany (3.93%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:7DG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 27 Analyst Estimates (S&P Global) See Below
Europe Multiline Retail Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:7DG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-01-31
2023-01-31
2022-01-31 1.47 7.00
2021-01-31 1.36 13.00
2020-01-31 1.26 13.00
DB:7DG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-22 1.280 1.052
2019-03-14 1.280 1.104
2018-12-04 1.160 1.030
2018-08-30 1.160 1.060
2018-03-15 1.160 1.188
2017-12-07 1.040 1.089
2017-08-31 1.040 1.273
2017-06-01 1.040 1.413
2017-03-24 1.040 1.461
2017-03-16 1.040 1.468
2016-12-01 1.000 1.345
2016-08-25 1.000 1.393
2016-05-26 1.000 1.086
2015-12-03 0.880 1.144
2015-08-27 0.880 1.293
2015-05-28 0.880 1.126
2015-03-12 0.880 1.179

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Dollar General has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Dollar General only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Dollar General's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).
X
Income/ dividend checks
We assess Dollar General's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dollar General afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dollar General has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

7DG Management

 What is the CEO of Dollar General's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Todd Vasos
COMPENSATION $10,602,517
AGE 56
TENURE AS CEO 3.9 years
CEO Bio

Mr. Todd J. Vasos has been the Chief Executive Officer of Dollar General Corporation since June 3, 2015. Mr. Vasos has more than 25 years of retail experience. He served as the Chief Operating Officer of Dollar General Corporation from November 2013 to June 3, 2015. Mr. Vasos served as the Chief Merchandising Officer, Executive Vice President and Divisional President of Dollar General since December 2008. He served as Chief Operating Officer and Executive Vice President of Longs Drug Stores Corp. and Longs Drug Stores California, Inc. since March 7, 2008 and was responsible for store operations, marketing, merchandising, construction and loss prevention. He served as Chief Merchandising Officer and Senior Vice President of Longs Drug Stores California, Inc. of Longs Drug Stores Corp. from March 2, 2005 to March 2008, where he was responsible for all pharmacy and front-end marketing, merchandising, procurement, supply chain, advertising, store development, store layout and space allocation and the operation ofthree distribution centers. Mr. Vasos served as Senior Vice President of Marketing of Longs Drug Stores Corp. from December 2001 to March 2, 2005. He served as an Executive Vice President and Chief Operating Officer of Longs Drug Stores from February 2008 to November 2008. He joined Longs Drug Stores in December 2001. He served as Vice President of Phar-Mor Food and Drug Inc. from 1993 to 2001 and Eckerd Drug Corp. from 1983 to 1994. He has been a Director of Dollar General Corporation since June 3, 2015. Mr. Vasos holds a Bachelor's degree in Marketing from Western Carolina University.

CEO Compensation
  • Todd's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Todd's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Dollar General management team in years:

3.4
Average Tenure
50
Average Age
  • The tenure for the Dollar General management team is about average.
Management Team

Todd Vasos

TITLE
CEO & Director
COMPENSATION
$11M
AGE
56
TENURE
3.9 yrs

John Garratt

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
49
TENURE
3.4 yrs

Bob Ravener

TITLE
Executive VP & Chief People Officer
COMPENSATION
$2M
AGE
59
TENURE
10.8 yrs

Jeff Owen

TITLE
Executive Vice President of Store Operations
COMPENSATION
$3M
AGE
48
TENURE
3.9 yrs

Jason Reiser

TITLE
Executive VP & Chief Merchandising Officer
COMPENSATION
$3M
AGE
50
TENURE
1.8 yrs

Anita Elliott

TITLE
Senior VP & Chief Accounting Officer
AGE
53
TENURE
3.4 yrs

Julie Elmore

TITLE
VP & CTO
TENURE
0.8 yrs

Carman Wenkoff

TITLE
Executive VP & Chief Information Officer
AGE
50
TENURE
1.8 yrs

Mary Pilkington

TITLE
Senior Vice President of Investor Relations & Public Relations

Christine Connolly

TITLE
Chief Compliance Officer & Corporate Secretary
Board of Directors Tenure

Average tenure and age of the Dollar General board of directors in years:

5.2
Average Tenure
56.5
Average Age
  • The tenure for the Dollar General board of directors is about average.
Board of Directors

Mike Calbert

TITLE
Chairman
COMPENSATION
$453K
AGE
55
TENURE
3.3 yrs

Todd Vasos

TITLE
CEO & Director
COMPENSATION
$11M
AGE
56
TENURE
3.9 yrs

Bill Rhodes

TITLE
Director
COMPENSATION
$265K
AGE
53
TENURE
10.3 yrs

Pat Fili-Krushel

TITLE
Director
COMPENSATION
$267K
AGE
64
TENURE
6.6 yrs

Sandy Cochran

TITLE
Director
COMPENSATION
$264K
AGE
60
TENURE
6.4 yrs

Warren Bryant

TITLE
Director
COMPENSATION
$248K
AGE
72
TENURE
10.3 yrs

Timothy McGuire

TITLE
Director
COMPENSATION
$244K
AGE
57
TENURE
1.3 yrs

Ralph Santana

TITLE
Director
COMPENSATION
$244K
AGE
50
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Dollar General insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
18. Apr 19 Sell Robert Ravener Individual 16. Apr 19 16. Apr 19 -8,973 €109.67 €-984,043
08. Apr 19 Sell Robert Ravener Individual 04. Apr 19 04. Apr 19 -4,762 €106.86 €-508,871
28. Mar 19 Sell Rhonda Taylor Individual 26. Mar 19 26. Mar 19 -2,000 €106.15 €-212,304
04. Jun 18 Buy Timothy McGuire Individual 01. Jun 18 01. Jun 18 2,275 €75.45 €171,646
X
Management checks
We assess Dollar General's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dollar General has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

7DG News

Simply Wall St News

7DG Company Info

Description

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. Its consumable products also comprise snacks, which include candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, including over-the-counter medicines and personal care products, such as soaps, body washes, shampoos, cosmetics, and dental hygiene and foot care products; pet supplies and pet food; and tobacco products. In addition, the company offers seasonal products comprising decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, and automotive and home office supplies; and home products that include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. Further, it provides apparel, which comprises casual everyday apparel for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. As of March 1, 2019, Dollar General Corporation operated 15,472 stores in 44 states. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.

Details
Name: Dollar General Corporation
7DG
Exchange: DB
Founded: 1939
$27,896,644,294
259,178,169
Website: http://www.dollargeneral.com
Address: Dollar General Corporation
100 Mission Ridge,
Goodlettsville,
Tennessee, 37072,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DG Common Stock New York Stock Exchange US USD 13. Nov 2009
DB 7DG Common Stock Deutsche Boerse AG DE EUR 13. Nov 2009
LSE 0IC7 Common Stock London Stock Exchange GB USD 13. Nov 2009
BMV DGG * Common Stock Bolsa Mexicana de Valores MX MXN 13. Nov 2009
Number of employees
Current staff
Staff numbers
135,000
Dollar General employees.
Industry
General Merchandise Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 21:24
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/24
Last earnings filing: 2019/03/22
Last earnings reported: 2019/02/01
Last annual earnings reported: 2019/02/01


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.