Top 12 Dividend Stocks to Buy According to Billionaire Cliff Asness

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6. Dollar General Corporation (NYSE:DG)

AQR Capital Management’s Stake Value: $610,053,047

Dividend Yield as of June 19: 2.08%

On June 3, Telsey Advisory lowered its price recommendation on Dollar General Corporation (NYSE:DG) to $125 from $140. It reiterated a Market Perform rating on the shares. Analyst Joseph Feldman said the company delivered “better-than-expected” first-quarter results and raised its fiscal 2026 guidance. He noted that Dollar General continues to invest in long-term growth through new store openings, store remodels, and operational improvements. At the same time, Feldman said the firm remains concerned about spending trends among the retailer’s core lower-income customers. It also sees growing competition as a challenge in the current macroeconomic environment.

The same day, Loop Capital raised its price goal on DG to $115 from $110. It maintained a Hold rating following the company’s first-quarter earnings beat. The firm said it was impressed by Dollar General’s performance, pointing to solid same-store sales growth, year-over-year operating margin expansion, and earnings that came in well above consensus expectations. According to the analyst, the results were especially notable given the impact of severe weather early in the quarter, higher gasoline prices, and reduced SNAP benefits.

Dollar General Corporation (NYSE:DG) is a discount retailer that sells a range of products, including consumables, seasonal merchandise, home goods, and apparel.

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Click to continue reading and see Top 5 Dividend Stocks to Buy According to Billionaire Cliff Asness.

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