Long-Term Growth Opportunities for Dollar General Corporation (DG) in the Retail Dividend Stocks Space

Dollar General Corporation (NYSE:DG) is included among the 12 Best Retail Dividend Stocks to Buy Now.

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Dollar General Corporation (NYSE:DG) is an American chain of discount stores. The chain offers a wide range of low-cost items, including daily essentials, clothing, and seasonal goods. For instance, it may carry well-known household brands like toilet paper, but often in smaller package sizes. While buying a single roll at Dollar General may cost less upfront than a bulk pack at a warehouse club, the per-unit price is usually higher in comparison.

Dollar General Corporation (NYSE:DG) focuses on meeting the needs of lower-income shoppers by strategically placing its smaller stores in rural communities that larger retailers often overlook. This approach makes the company a convenient option for quick trips, as customers may prefer stopping by a nearby store rather than traveling farther to a big-box retailer, even if larger stores sometimes offer better prices.

Dollar General Corporation (NYSE:DG) appeals to income investors because of its stable dividend history. The company has paid regular dividends to shareholders since 1975 and currently pays a quarterly dividend of $0.59 per share. With a dividend yield of 2.32%, as of September 22, DG is among the best dividend stocks.

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