Dollar General Corporation Dividends
The next dividend date for Dollar General Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Dollar General Corporation (DG)
| No results. | ||||
More About Dollar General Corporation
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food, such as cereals, pasta, canned soups, canned meats, fruits and vegetables, condiments, spices, sugar, and flour; and perishables, including milk, eggs, bread, refrigerated and frozen food, beer, wine, and produce; candy, cookies, crackers, salty snacks, and carbonated beverages; over-the-counter medicines and personal care products including soap, body wash, shampoo, cosmetics, dental hygiene and foot care products; pet supplies and pet food; and tobacco products. The company also provides seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive, and home office supplies; home products include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods; and apparel products for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.
Owning Dollar General Corporation Stock on the Dividend Date
If you own Dollar General Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Dollar General Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Dollar General Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Dollar General Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Dollar General Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Dollar General Corporation Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Dollar General Corporation stock price from the dividend is already baked into Dollar General Corporation option prices.
That means the prices of call options that overlap the Dollar General Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Dollar General Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Dollar General Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Dollar General Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Dollar General Corporation Dividends
You can contact us any time if you would like to ask questions about Dollar General Corporation dividends or anything else related to the stock market.