Using the DOLLAR GENERAL annual report and other sources such as a 10k or 10qs, discuss the dividend policy of Dollar General.

Answer the following questions as part of your response:

How would you describe Dollar General's dividend policy?

Why do you believe Dollar General chose the dividend policy they have in place?

Do you agree or disagree that Dollar General has selected the best dividend policy for the company?

How might this dividend policy function in both perfect and imperfect capital markets?

Calculate the dividend rate over the past 5 years. Define why you believe that it has or has not changed over the last 5 years.