Analysts expect the company to report earnings of $1.64 per share. That’s up from 87 cents per share in the year-ago period. The consensus estimate for Dollar General’s quarterly revenue is $10.82 billion (it reported $10.3 billion last year), according to Benzinga Pro.
With the recent buzz around Dollar General, some investors may be eyeing potential gains from the company’s dividends too. Currently, Dollar General has an annual dividend yield of 1.62%, with a quarterly dividend of 59 cents per share ($2.36 per year).
To earn $500 monthly from Dollar General, start with a yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Dollar General’s $2.36 dividend: $6,000 / $2.36 = 2,542 shares.
So, an investor would …