Dollar General Corp. Plans Quarterly Dividend of $0.32 (NYSE:DG)

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Dollar General Corp. (NYSE:DG) announced a quarterly dividend on Friday, December 6th, Wall Street Journal reports. Shareholders of record on Tuesday, January 7th will be paid a dividend of 0.32 per share on Tuesday, January 21st. This represents a $1.28 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Monday, January 6th.

Dollar General stock opened at $154.72 on Friday. The business’s 50-day simple moving average is $159.63 and its two-hundred day simple moving average is $146.85. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.12 and a current ratio of 1.14. The company has a market cap of $39.77 billion, a PE ratio of 25.92, a PEG ratio of 2.33 and a beta of 0.51. Dollar General has a fifty-two week low of $98.08 and a fifty-two week high of $166.98.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 5th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.04. Dollar General had a return on equity of 25.34% and a net margin of 6.11%. The firm had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.89 billion. During the same period last year, the business posted $1.26 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. As a group, analysts predict that Dollar General will post 6.61 EPS for the current fiscal year.

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Dollar General from $173.00 to $184.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Barclays lifted their price objective on shares of Dollar General from $141.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, August 30th. UBS Group set a $175.00 price objective on shares of Dollar General and gave the company a “buy” rating in a report on Friday, August 30th. KeyCorp set a $180.00 price objective on shares of Dollar General and gave the stock a “buy” rating in a research note on Friday, August 30th. Finally, Sanford C. Bernstein raised shares of Dollar General from a “market perform” rating to an “outperform” rating in a report on Wednesday, September 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $162.95.

Dollar General Company Profile

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.

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Dividend History for Dollar General (NYSE:DG)

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