Dollar General Board of Directors declares dividend

Business Wire, Jan 15, 1996

NASHVILLE, Tenn.--(BUSINESS WIRE)--Jan. 15, 1996--At its regular quarterly meeting, the Board of Directors of Dollar General Corporation (NYSE: DG) declared a dividend of five cents per share, payable March 8, 1996 to common shareholders of record February 19, 1996.

The Board of Directors of Dollar General Corporation also declared a dividend of four and one-half cents per common share underlying the Convertible Junior Preferred Stock payable on March 8, 1996 to preferred shareholders of record on February 19, 1996.

Dollar General is a chain of more than 2,390 neighborhood stores operating in 24 states with distribution centers in Kentucky, Georgia and Oklahoma. The company's common stock is traded on the New York Stock Exchange.

CONTACT: Dollar General Corporation, Nashville

Investor Contact: Kiley Fleming or

Media contact: Cabot Pyle, 615/783-2000