Dollar General Trading Volume Drops 32.8% to 243rd Rank Amid Store Closures

On March 24, 2025, Dollar General (DG) experienced a significant decline in trading volume, with a total of 3.90 billion shares traded, marking a 32.8% decrease from the previous day. This placed Dollar General at the 243rd position in terms of trading volume for the day, with its stock price dropping by 0.60%.

Dollar General has announced plans to close nearly 100 stores across the United States in early 2025. This decision comes after the company conducted a portfolio optimization review, aiming to streamline its operations and focus on more profitable locations. The specific locations of the 96 Dollar General and 45 Popshelf stores slated for closure have not been immediately disclosed.

Despite the store closures, Dollar General reported an increase in sales during the fourth quarter. CEO Todd Vasos attributed this positive performance to the company's strategic initiatives and efforts to enhance customer experience. The market has responded favorably to these developments, indicating confidence in Dollar General's long-term prospects.

In addition to the store closures, Dollar General is set to go ex-dividend in approximately two weeks. Shareholders can expect a dividend of 0.59 per share, reflecting the company's commitment to returning value to its investors. This dividend payout is part of Dollar General's ongoing efforts to maintain shareholder satisfaction amidst operational changes.