SmarterDividends
DG

Dollar General Corporation

DG

Consumer Defensive · Stock · quarterly payer

Forward Yield

2.28%

Annual Dividend

$2.36

Payout Ratio

33%

5-Yr Growth

10.4%

Ex-Date

Jul 7, 2026

Frequency

Quarterly

DG Dividend Safety Score

82/ 100
Grade A

Very Safe

Dividend-growth streak10 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage33% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Balance-sheet strengthDebt/equity of 1.79
Yield vs its historyYield is 1.6× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DG a good dividend stock?

Yes

Dollar General Corporation (DG) pays a quarterly dividend yielding 2.28% ($2.36/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 10 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (33%)
  • Strong 10.4% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.28%
Payout Ratio
33%
Annual Dividend
$2.36
5-Yr Avg Growth
10.4%
Ex-Dividend Date
Jul 7, 2026
Years of Growth
10
Frequency
quarterly
Beta
0.26
Market Cap
$22.8B
P/E Ratio
14.6
5-Yr Total Return
-52%
52-Week Range
$95.11 – $158.23
Dividend Safety
A · 82/100
Ever Cut?
No
DG ex-dividend date & scheduleNext ex-date Jul 7, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.36 / yr per share

Per payment (quarterly)$59.00
Annual$236.00
Monthly avg$19.67