As the day concludes, Dollar Gen DG is preparing to distribute a dividend payout of $0.59 per share, resulting in an annualized dividend yield of 1.15%. This payout is exclusive to investors who held the stock before the ex-dividend date on July 10, 2023.
Dollar Gen Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-10 | 4 | $0.59 | 1.15% | 2023-05-30 | 2023-07-11 | 2023-07-25 |
| 2023-04-10 | 4 | $0.59 | 1.1% | 2023-03-15 | 2023-04-11 | 2023-04-25 |
| 2022-12-30 | 4 | $0.55 | 0.87% | 2022-11-30 | 2023-01-03 | 2023-01-17 |
| 2022-10-03 | 4 | $0.55 | 0.88% | 2022-08-23 | 2022-10-04 | 2022-10-18 |
| 2022-07-01 | 4 | $0.55 | 1.12% | 2022-05-25 | 2022-07-05 | 2022-07-19 |
| 2022-04-04 | 4 | $0.55 | 1.03% | 2022-03-16 | 2022-04-05 | 2022-04-19 |
| 2022-01-03 | 4 | $0.42 | 0.75% | 2021-12-02 | 2022-01-04 | 2022-01-18 |
| 2021-10-04 | 4 | $0.42 | 0.72% | 2021-08-25 | 2021-10-05 | 2021-10-19 |
| 2021-07-02 | 4 | $0.42 | 0.85% | 2021-05-25 | 2021-07-06 | 2021-07-20 |
| 2021-04-05 | 4 | $0.42 | 0.87% | 2021-03-16 | 2021-04-06 | 2021-04-20 |
| 2021-01-04 | 4 | $0.36 | 0.66% | 2020-12-02 | 2021-01-05 | 2021-01-19 |
| 2020-10-05 | 4 | $0.36 | 0.73% | 2020-08-25 | 2020-10-06 | 2020-10-20 |
In terms of dividend yield, Dollar Gen finds itself in the middle ground among its industry peers, while Target TGT takes the lead with the highest annualized dividend yield at 3.21%.
Analyzing Dollar Gen Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.28 to $2.20, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Dollar Gen
From 2019 to 2022, Dollar Gen experienced a growth in earnings per share, with an increase from $6.48 to $10.29. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we explore the recent dividend payout of Dollar Gen and its significance for shareholders. The company has decided to distribute a dividend of $0.59 per share today, which equates to an annualized dividend yield of 1.15%.
In terms of dividend yield, Dollar Gen finds itself in the middle ground among its industry peers, while Target takes the lead with the highest annualized dividend yield at 3.21%.
Given that Dollar Gen has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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