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Should Dividend Growth Investors Buy This Well-Known Retail Stock?


A company can talk about how much it values its shareholders all day long. But actions speak louder than words.

Having recently delivered a 7.3% raise in its quarterly dividend to $0.59 per share, Dollar General (NYSE: DG) doesn't just talk the talk -- it also walks the walk. But is the discount retail chain a buy for investors seeking growing passive income? Let's discuss Dollar General's fundamentals and valuation to find out.

With more than 19,100 stores across the U.S., Dollar General is (almost) everywhere. The company sells food, health and wellness products, and cleaning supplies from many of the most recognized consumer brands at bargain-bin prices.

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Source Fool.com

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