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Dollarama Inc. operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. The company also sells its products through online store. As of July 31, 2022, it operated 1,444 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc. in September 2009. Dollarama Inc. was founded in 1992 and is headquartered in Montreal, Canada.

Dollarama Dividend Announcement

Dollarama announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-04
Dollarama annual dividend for 2024 was $0.28
Dollarama annual dividend for 2023 was $0.20
Dollarama's trailing twelve-month (TTM) dividend yield is 0.19%
Dollarama's payout ratio for the trailing twelve months (TTM) is 7.87%
Dollarama's dividend growth over the last five years (2018-2023) was -4.10% year
Dollarama's dividend growth over the last ten years (2013-2023) was -7.20% year

Dollarama Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-04$0.07quarterly2024-11-01
2024-07-05$0.07quarterly2024-08-02
2024-04-18$0.09quarterly
2024-01-04$0.05quarterly2024-02-02
2023-10-05$0.05quarterly2023-11-03
2023-07-06$0.05quarterly2023-08-04
2023-04-13$0.05quarterly2023-05-05
2023-01-05$0.04quarterly2023-02-03
2022-10-06$0.04quarterly2022-11-04
2022-07-07$0.04quarterly2022-08-05
2022-04-13$0.04quarterly2022-05-06
2022-01-06$0.04quarterly2022-02-04
2021-10-07$0.04quarterly2021-11-05
2021-07-08$0.04quarterly2021-08-06
2021-04-15$0.04quarterly2021-05-07
2021-01-07$0.04quarterly2021-02-05
2020-10-08$0.03quarterly2020-11-06
2020-07-09$0.03quarterly2020-08-07
2020-04-16$0.03quarterly2020-05-08
2020-01-09$0.03quarterly2020-02-07
2019-10-10$0.03quarterly2019-11-08
2019-07-11$0.03quarterly2019-08-09
2019-04-17$0.04quarterly2019-05-10
2019-01-10$0.03quarterly2019-02-08
2018-10-04$0.03quarterly2018-10-31
2018-07-05$0.03quarterly2018-08-01
2018-04-19$0.10quarterly2018-05-02
2018-01-04$0.09quarterly2018-01-31
2017-10-05$0.09quarterly2017-11-01
2017-07-05$0.09quarterly2017-08-02
2017-04-19$0.08quarterly2017-05-03
2017-01-04$0.07quarterly
2016-09-28$0.08quarterly
2016-07-06$0.08quarterly
2016-04-20$0.08quarterly
2016-01-05$0.07quarterly
2015-09-29$0.07quarterly
2015-07-02$0.07quarterly
2015-04-27$0.07quarterly
2015-01-06$0.07quarterly
2014-09-30$0.14quarterly
2014-07-02$0.15quarterly
2014-04-25$0.14quarterly
2014-01-08$0.13quarterly
2013-09-30$0.14quarterly
2013-07-03$0.14quarterly
2013-04-26$0.14quarterly

Dollarama Dividend per year

Dollarama Dividend growth

Dollarama Dividend Yield

Dollarama current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Dollarama stock? Use our calculator to estimate your expected dividend yield:

Dollarama Financial Ratios

P/E ratio37.98
PEG ratio0.49
P/B ratio34.81
ROE187.36%
Payout ratio7.87%
Current ratio1.99
Quick ratio0.56
Cash Ratio0.44

Dollarama Dividend FAQ

How much is the next Dollarama dividend?
Dollarama's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dollarama dividend. The next Dollarama dividend will be released in January, April, July, or October.
When is Dollarama dividend paid?
Dollarama pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Dollarama pay?
The specific amount of Dollarama dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dollarama's dividend history.
Does Dollarama stock pay dividends?
Yes, Dollarama does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dollarama's dividend history.
How much dividend does Dollarama pay?
Dollarama paid $0.281 in 2024, $0.198 in 2023, $0.166 in 2022, $0.157 in 2021, and $0.131 in 2020.
How often does Dollarama pay dividends?
Dollarama typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Dollarama's dividend yield?
The current dividend yield for Dollarama is 0.19%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Dollarama's exact dividend yield.
When does Dollarama go ex dividend?
Dollarama's ex-dividend date for the latest dividend was on 2024-10-04. Dollarama typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Dollarama dividend paid?
Dollarama pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Dollarama increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Dollarama will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Dollarama dividend per share?
Dollarama paid $0.281 per share in 2024 and $0.198 per share in 2023. The amount of dividend per share that Dollarama pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Dollarama a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Dollarama a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Dollarama a dividend stock?
Yes, Dollarama is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dollarama a good dividend stock?
Whether Dollarama is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dollarama has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Dollarama as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Dollarama pay dividends monthly?
Dollarama typically pays dividends on a quarterly basis.
Does Dollarama pay dividends quarterly?
Dollarama currently pays dividends on a quarterly basis.
Has Dollarama ever paid a dividend?
Yes, Dollarama has a history of paying dividends to its shareholders. Dollarama is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dollarama dividend stocks?
To buy Dollarama you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Dollarama stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Dollarama pay dividends 2024?
Dollarama pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Dollarama increase its dividend in 2024?
Decisions regarding Dollarama dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Dollarama dividend overview you can look into the above table of dividend history.
How Dollarama dividend works?
The Dollarama dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Dollarama's dividend process works:

1. Determination of Dividend: Dollarama's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Dollarama publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Dollarama distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Dollarama are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Dollarama dividends paid?
Dollarama dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Dollarama sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Dollarama distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Dollarama declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Dollarama pay dividends?
Dollarama typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Dollarama pay dividends?
The general pattern is that Dollarama pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dollarama dividend safe?
The safety of Dollarama's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Dollarama's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Dollarama's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.