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DG Dollar General dividend history, payout ratio & dates

Dollar General's latest quarterly cash dividend of $0.59 per share was issued to shareholders on record before Jul 10, 2023. At an annualized rate of $2.28 per share, the stock yields 2.16%.

Key dates

  • DG last dividend date: Jul 10, 2023
  • DG next dividend date: Oct 6, 2023
DG dividend stats
DPS
$2.28
Dividend yield
2.19%
Payout ratio
23.3%
vs. Consumer Defensive sector
Dividend yield
2.45%
Payout ratio
51.9%

Dividend yield

What is Dollar General current dividend yield

Dollar General's dividend yield of 2.16% is above the industry average but below the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 2.45%, Dollar General's dividend yield is 12% lower. The historical 5-year average of DG's dividend yield is 0.9%, which is below the current yield.

Dividend history

What is DG dividend payout history and dates

Dollar General has been paying dividends for the last eight years. Our records show that DG has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 18% since twelve months ago. And with the price of the stock down by 56% from a year ago, the dividend yield has increased by 167%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 10, 2023 Jul 25, 2023 May 30, 2023 $0.59 normal
Apr 10, 2023 Apr 25, 2023 Mar 16, 2023 $0.59 normal
Dec 30, 2022 Jan 17, 2023 Nov 30, 2022 $0.55 normal
Oct 3, 2022 Oct 18, 2022 Aug 23, 2022 $0.55 normal
Jul 1, 2022 Jul 19, 2022 May 25, 2022 $0.55 normal
Apr 4, 2022 Apr 19, 2022 Mar 16, 2022 $0.55 normal
Jan 3, 2022 Jan 18, 2022 Dec 2, 2021 $0.42 normal
Oct 4, 2021 Oct 19, 2021 Aug 25, 2021 $0.42 normal
Jul 2, 2021 Jul 20, 2021 May 25, 2021 $0.42 normal
Apr 5, 2021 Apr 20, 2021 Mar 16, 2021 $0.42 normal
Jan 4, 2021 Jan 19, 2021 Dec 2, 2020 $0.36 normal
Oct 5, 2020 Oct 20, 2020 Aug 25, 2020 $0.36 normal
Jul 6, 2020 Jul 21, 2020 May 28, 2020 $0.36 normal
Apr 6, 2020 Apr 21, 2020 Mar 11, 2020 $0.36 normal
Jan 6, 2020 Jan 21, 2020 Dec 5, 2019 $0.32 normal
Oct 7, 2019 Oct 22, 2019 Aug 28, 2019 $0.32 normal
Jul 8, 2019 Jul 23, 2019 May 29, 2019 $0.32 normal
Apr 8, 2019 Apr 23, 2019 Mar 13, 2019 $0.32 normal
Jan 7, 2019 Jan 22, 2019 Dec 3, 2018 $0.29 normal
Oct 5, 2018 Oct 23, 2018 Aug 28, 2018 $0.29 normal
Jul 9, 2018 Jul 24, 2018 May 29, 2018 $0.29 normal
Apr 9, 2018 Apr 24, 2018 Mar 14, 2018 $0.29 normal
Jan 8, 2018 Jan 23, 2018 Dec 5, 2017 $0.26 normal
Oct 6, 2017 Oct 24, 2017 Aug 30, 2017 $0.26 normal
Jul 7, 2017 Jul 25, 2017 Jun 1, 2017 $0.26 normal
Apr 7, 2017 Apr 25, 2017 Mar 15, 2017 $0.26 normal
Dec 19, 2016 Jan 4, 2017 Nov 30, 2016 $0.25 normal
Sep 12, 2016 Sep 28, 2016 Aug 24, 2016 $0.25 normal
Jun 13, 2016 Jun 29, 2016 May 24, 2016 $0.25 normal
Mar 24, 2016 Apr 12, 2016 Mar 8, 2016 $0.25 normal
Dec 21, 2015 Jan 6, 2016 Dec 3, 2015 $0.22 normal

Dollar General dividend payout ratio

What is Dollar General dividend payout ratio compared to the sector

Payout ratio

Dollar General's payout ratio of 23.3% is below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 51.9%, Dollar General's payout ratio is 55% lower.

Total amount of dividends paid per financial year (from cash flow)

DG dividend vs peer dividends

How does DG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
BIG Big Lots Inc 25.5% $1.2 N/A
TGT Target Corp 4.09% $4.34 59.2%
DG Dollar General Corp 2.19% $2.28 23.3%
WMT Walmart Inc 1.42% $2.27 43.7%
COST Costco Wholesale Corp 0.67% $3.84 28.4%

Frequently asked questions

Does Dollar General pay a dividend?

Yes, Dollar General has been paying dividends for the last eight years.

When is Dollar General's next dividend?

DG's next dividend is scheduled on Oct 6, 2023 (ex-date).

When was DG's last dividend?

Dollar General's last dividend ex-date was on Jul 10, 2023. The dividend amount was $0.59 per share.

How much dividend does Dollar General pay (per share)?

DG's annualized dividend per share is $2.28.

What is Dollar General's dividend yield?

Currently Dollar General's dividend yield is 2.16%.

How often does Dollar General pay dividends?

Dollar General has a quarterly dividend frequency.

What is Dollar General's dividend payout ratio?

Dollar General's dividend payout ratio is 23.3%.

Does Dollar General pay a good dividend?

Dollar General's dividend yield is below the Consumer Defensive sector average.