Dollar General Corporation (DG) To Go Ex-Dividend on April 7th

Dollar General Corporation (NYSE:DG) announced a quarterly dividend on Wednesday, March 11th. Shareholders of record on Tuesday, April 7th will be paid a dividend of 0.59 per share on Tuesday, April 21st. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, April 7th.

Dollar General has raised its dividend 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 Down 6.6%

Shares of Dollar General stock opened at $135.34 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.17 and a quick ratio of 0.24. Dollar General has a 1-year low of $76.44 and a 1-year high of $158.23. The company’s fifty day simple moving average is $147.80 and its 200-day simple moving average is $123.48. The stock has a market capitalization of $29.79 billion, a PE ratio of 23.37, a P/E/G ratio of 2.39 and a beta of 0.23.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.03% and a return on equity of 18.59%. The company had revenue of $10.91 billion for the quarter, compared to analyst estimates of $10.78 billion. During the same quarter last year, the business earned $0.87 EPS. Dollar General’s revenue for the quarter was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities analysts anticipate that Dollar General will post 5.75 earnings per share for the current year.

Insider Activity at Dollar General

In other Dollar General news, EVP Bryan D. Wheeler sold 9,776 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $135.32, for a total value of $1,322,888.32. Following the sale, the executive vice president owned 22,295 shares of the company’s stock, valued at $3,016,959.40. This trade represents a 30.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Roderick J. West sold 2,282 shares of Dollar General stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $133.35, for a total transaction of $304,304.70. Following the completion of the transaction, the executive vice president directly owned 36,108 shares in the company, valued at approximately $4,815,001.80. The trade was a 5.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 19,558 shares of company stock worth $2,638,868 in the last ninety days. 0.56% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dollar General

Several hedge funds have recently bought and sold shares of DG. Elevation Point Wealth Partners LLC acquired a new stake in shares of Dollar General in the second quarter worth $25,000. Caldwell Trust Co purchased a new position in shares of Dollar General in the second quarter valued at about $25,000. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd grew its position in shares of 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. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Dollar General in the 2nd quarter valued at about $26,000. Hedge funds and other institutional investors 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.