tiprankstipranks

Dollar General Amends Credit Agreement for Flexibility

Story Highlights
Dollar General Amends Credit Agreement for Flexibility

An update from Dollar General ( (DG) ) is now available.

On March 11, 2025, Dollar General Corporation amended its unsecured credit agreement, originally dated September 3, 2024, to adjust financial covenants and restrictions during a Covenant Relief Period lasting until January 30, 2026. The amendment impacts the company’s leverage and fixed charge coverage ratios, limits stock repurchases, and reduces the ability to incur additional debt, reflecting a strategic financial maneuver to maintain operational flexibility. Additionally, the company announced a quarterly cash dividend of $0.59 per share, payable on April 22, 2025, indicating a commitment to returning value to shareholders.

More about Dollar General

Dollar General Corporation operates in the retail industry, focusing on providing a wide range of household essentials, including food, cleaning supplies, health and beauty aids, and apparel, primarily targeting cost-conscious consumers.

YTD Price Performance: -0.51%

Average Trading Volume: 3,674,235

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $17.29B

Find detailed analytics on DG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App