May 24, 2005
Dollar General Board of Directors Declares Increased Dividend
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--May 24, 2005--Dollar General Corporation (NYSE: DG) today announced that its board of directors declared a dividend of $0.045 per share, payable July 14, 2005, to common shareholders of record on June 30, 2005. This dividend declaration is a 12.5 percent increase from the Company's previous quarterly dividend rate of $0.040 per share.
Dollar General is a Fortune 500® discount retailer with 7,551 neighborhood stores as of April 29, 2005. Dollar General stores offer convenience and value to customers by offering consumable basic items that are frequently used and replenished, such as food, snacks, health and beauty aids and cleaning supplies, as well as a selection of basic apparel, housewares and seasonal items at everyday low prices. The Company store support center is located in Goodlettsville, Tennessee. Dollar General's Web site can be reached at www.dollargeneral.com.
CONTACT: Dollar General Corporation
Emma Jo Kauffman, 615-855-5525
Tawn Earnest, 615-855-5209
SOURCE: Dollar General Corporation