Dollar General As of April 8, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
DG $1.68 16.7% 12.5% 10.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Discount Retailer 0.8% 6 10.9% Quarter 2015
Dollar General has raised its dividend 6 consecutive years
Dollar General has raised its dividend 6 consecutive years

Dollar General Corporation (DG) will raise its quarterly dividend by 16.7 percent to $0.42 per share in 2021. This marks the 6th consecutive year of dividend increases by the discount retailer with double digit dividend hikes announced in each of the last four years.

The next dividend is payable on or before April 20, 2021 to shareholders of record on April 6, 2021. A new annualized rate of $1.68 per share yields 0.85% based on a stock price of $197. According to calculations by Dollar General will now pay shareholders $412 million in dividends annually.

Dollar General Corporation is a discount retailer. The company offers a broad selection of merchandise, including consumables, seasonal items, home products and apparel. Its merchandise includes branded and own private brand products at everyday lowprices (typically $10 or less) in its convenient small-box locations, with the greatest concentration of stores in the southern, southwestern, midwestern and eastern United States. J.L. Turner founded the company in 1939 as J.L. Turner and Son, Wholesale. DG was incorporated as a Kentucky corporation under the name J.L. Turner & Son, Inc. in 1955, when the first Dollar General store was opened. In 1968 the company name was changed to Dollar General Corporation.  In November 2009 Dollar General again became publicly traded.

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Ex-date Ticker Yield YTD hike
Apr 12 AMT 2.1% 2.5%
Apr 14 ATVI 0.5% 14.6%
Apr 14 ABT 1.5% 0.0%
Apr 14 AFG 1.7% 0.0%
Apr 14 FCX 0.9% 0.0%
Apr 14 ACN 1.2% 0.0%
Apr 14 MAA 2.8% 0.0%
Apr 14 ABBV 4.9% 0.0%
Apr 15 EOG 2.1% 0.0%
Apr 15 PKI 0.2% 0.0%