How To Earn $500 A Month From Dollar General Stock Ahead Of Q1 Earnings

by | Jun 2, 2026 | General

Dollar General’s (NYSE:DG) next quarterly dividend will be 59 cents per share when the discount retailer reports fiscal first quarter 2026 earnings before the opening bell on Tuesday, June 2.

Based on historical declaration timelines, we estimate this payment to go ex-dividend in early July with a payment date in late July 2026. The current Trailing Twelve Months dividend payout for Dollar General stands at $2.36, with a dividend yield of is 2.04%.

So, how can investors use its dividend yield to pocket a regular $500 per month?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $2,79,620 or around 2,542 shares. For a more modest $100 per month or $1,200 per year, you would need about $55,880 or around 508 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($2.36 in this case). So, $6,000 / $2.36 = 2,542 ($500 per month), and $1,200 / $2.36 = 508 shares ($100 per month).

Note that the dividend yield can change on a rolling basis. The dividend payment and the stock price both fluctuate over time.

How that works: Compute the dividend yield by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

DG Price Action: Shares of Dollar General fell 0.68% to close at $109.93 on Monday.

Analysts expect the company to post revenue of $10.82 billion. That’s represents a 3.8% year-on-year increase, and EPS of $1.89, ahead of the of $1.93 posted for the previous quarter, according to Benzinga Pro.

Ahead of quarterly earnings, Oppenheimer analyst Rupesh Parikh maintained Dollar General with an Outperform rating while lowering the price target from $170 to $150.

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