Dollar Gen's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Dollar General (NYSE:DG) has announced a quarterly dividend of $0.59 per share, with an ex-dividend date set for Monday. Shareholders owning DG stock by the end of Friday's session will be eligible for the dividend, which will be paid on January 23, 2024. The stock is expected to open $0.59 lower on Monday to reflect the dividend payout.
January 03, 2024 | 2:45 pm
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Dollar General (DG) will pay a $0.59/share dividend with an ex-dividend date on Monday. Stock expected to open lower by the dividend amount.
The stock price of Dollar General is likely to decrease in the short term by the amount of the dividend, as the ex-dividend date approaches. This is a common occurrence as the stock price adjusts for the dividend payout. The importance is moderate as dividends are a regular part of the stock's investment appeal, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100