Dollar General (DG) Dividend
Dollar General Corporation · Consumer Defensive · Discount Stores · quarterly payer
As of Nov 5, 2026, Dollar General (DG) pays a quarterly dividend of $0.59 per share, or $2.36 a year, a 1.67% yield at its $137.90 share price. It pays every quarter, usually in January, April, July and October. It has a dividend safety grade of A.
Forward Yield
1.67%
Annual Dividend
$2.36
Payout Ratio
31%
5-Yr Growth
11.0%
Ex-Date
Oct 6, 2026
Frequency
Quarterly
Key facts about DG's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Dollar General Corporation (DG) has a forward dividend yield of 1.67%, based on an annual dividend of $2.36 per share and a share price of $137.90.
- As of Nov 5, 2026, DG's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
- DG has never cut its regular dividend in the payment history SmarterDividends has on record.
- DG's most recent ex-dividend date was Oct 6, 2026, for a dividend of $0.59 per share.
- As of Nov 5, 2026, DG pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
- DG's dividend has grown at an average rate of 11.0% a year over the past five years.
- As of Nov 5, 2026, DG's 1.67% yield is 14% above its five-year average yield of 1.47%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for DG is $138.63 per share, 1% above the $137.90 share price, so DG screens as fairly valued.
- Dollar General Corporation (DG) pays its dividend quarterly, 4 times a year.
- Dollar General Corporation (DG) has raised its regular dividend 8 times and cut it 0 times across the 47 payments on record since 2015. Its most recent change was a 7.3% increase to $0.590 per share, going ex-dividend on Apr 10, 2023.
- Dollar General (DG) has declared its first higher dividend of the year in March in 3 of the last 5 years; its most recent raise, 7.3%, was declared on Mar 16, 2023.
Cite this page
SmarterDividends, "DG Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/DG
Is DG a good dividend stock?
YesDollar General Corporation (DG) pays a quarterly dividend yielding 1.67% ($2.36/yr), with 0 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
- Never cut its dividend on record
- Comfortable payout ratio (31%)
- Strong 11.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.67%
- Payout Ratio
- 31%
- Annual Dividend
- $2.36
- 5-Yr Avg Growth
- 11.0%
- Ex-Dividend Date
- Oct 6, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.19
- Market Cap
- $30.4B
- P/E Ratio
- 17.9
- 5-Yr Total Return
- -40%
- 52-Week Range
- $95.11 – $158.23
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
DG dividend raises and cuts
Dollar General Corporation (DG) has raised its regular dividend 8 times and cut it 0 times across the 47 payments on record since 2015. Its most recent change was a 7.3% increase to $0.590 per share, going ex-dividend on Apr 10, 2023.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 10, 2023 | Raise | $0.550 → $0.590 | +7.3% |
| Apr 4, 2022 | Raise | $0.420 → $0.550 | +31.0% |
| Apr 5, 2021 | Raise | $0.360 → $0.420 | +16.7% |
| Apr 6, 2020 | Raise | $0.320 → $0.360 | +12.5% |
| Apr 8, 2019 | Raise | $0.290 → $0.320 | +10.3% |
| Apr 9, 2018 | Raise | $0.260 → $0.290 | +11.5% |
| Apr 7, 2017 | Raise | $0.250 → $0.260 | +4.0% |
| Mar 24, 2016 | Raise | $0.220 → $0.250 | +13.6% |
Frequently Asked Questions
Is DG a good dividend stock?
Yes. Dollar General Corporation (DG) pays a quarterly dividend yielding 1.67% ($2.36/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is DG undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DG's fair value is about $138.63 versus a $137.90 share price — so it looks fairly valued (+1% vs. fair value).
Is DG's dividend safe?
DG has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is DG's fair value?
Our blended fair-value estimate for DG is about $138.63 per share, roughly 1% above the current $137.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DG a buy, hold, or sell?
We don't issue formal ratings, but on the data DG screens as "yes" and fairly valued. Dollar General Corporation (DG) pays a quarterly dividend yielding 1.67% ($2.36/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will DG cut its dividend?
DG earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DG pay a dividend?
Yes. Dollar General Corporation pays a quarterly dividend of about $2.36 per share annually, a forward yield of roughly 1.67%.
How much dividend does 100 shares of DG pay?
At $2.36 per share a year, 100 shares of DG pay $236.00 a year in dividends before tax, about $59.00 each quarter. Buying them costs about $13,790 at the Nov 5, 2026 price.
What is DG's dividend yield?
As of Nov 5, 2026, DG's forward dividend yield is 1.67%, based on a $2.36 annual dividend and a $137.90 share price.
What is DG's dividend per share?
As of Nov 5, 2026, DG pays $2.36 per share per year, distributed on a quarterly basis.
What is DG's dividend payout ratio?
As of Nov 5, 2026, DG's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DG grown its dividend?
DG does not currently have a long dividend-growth streak on record.
When is the next DG ex-dividend date?
As of Nov 5, 2026, DG's next ex-dividend date hasn't been announced. The most recent was Oct 6, 2026, for $0.59 per share.
DG Price — Last 12 Months
Daily close
Price Return
1 Year
+21%
3 Years
+1%
5 Years
-40%
52-Week Range
$95.11 – $158.23
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DG worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Dollar General Corporation is $138.63 per share, versus a market price of $137.90. That implies the stock is roughly fairly priced.
Fair Value
$138.63
Current Price
$137.90
Gap
+1%
Margin of Safety
1%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 9.1% annual free-cash-flow growth. We model 10.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 10.7% growth for five years fading to 2.5% over the next five, $7.70 EPS, $2.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DG Dividend Safety Score
Very Safe
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
Dividend History
Full DG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 6, 2026 | Oct 20, 2026 | $0.5900 | regular |
| Jul 7, 2026 | Jul 21, 2026 | $0.5900 | regular |
| Apr 7, 2026 | Apr 21, 2026 | $0.5900 | regular |
| Jan 6, 2026 | Jan 20, 2026 | $0.5900 | regular |
| Oct 7, 2025 | Oct 21, 2025 | $0.5900 | regular |
| Jul 8, 2025 | Jul 22, 2025 | $0.5900 | regular |
| Apr 8, 2025 | Apr 22, 2025 | $0.5900 | regular |
| Jan 7, 2025 | Jan 21, 2025 | $0.5900 | regular |
| Oct 8, 2024 | Oct 22, 2024 | $0.5900 | regular |
| Jul 9, 2024 | Jul 23, 2024 | $0.5900 | regular |
| Apr 8, 2024 | Apr 23, 2024 | $0.5900 | regular |
| Jan 8, 2024 | Jan 23, 2024 | $0.5900 | regular |
| Oct 6, 2023 | Oct 24, 2023 | $0.5900 | regular |
| Jul 10, 2023 | Jul 25, 2023 | $0.5900 | regular |
Income Calculator
At $2.36 / yr per share
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