Dollarama Inc. (TSE:DOL - Get Free Report) announced a quarterly dividend on Friday, January 10th,TickerTech Dividends reports. Stockholders of record on Friday, February 7th will be given a dividend of 0.092 per share on Friday, February 7th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Friday, January 10th.
Dollarama Trading Down 0.0 %
Shares of DOL stock traded down C$0.04 on Wednesday, reaching C$139.22. 679,321 shares of the stock were exchanged, compared to its average volume of 583,350. The stock has a market cap of C$39.23 billion, a P/E ratio of 36.07, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56. The company has a quick ratio of 0.08, a current ratio of 1.99 and a debt-to-equity ratio of 391.24. The firm has a 50 day moving average of C$143.72 and a two-hundred day moving average of C$137.08. Dollarama has a 1-year low of C$94.96 and a 1-year high of C$152.97.
Insiders Place Their Bets
In related news, Senior Officer Mark Di Pesa sold 530 shares of the company's stock in a transaction on Friday, October 11th. The stock was sold at an average price of C$143.47, for a total transaction of C$76,039.10. Also, Director Stephen Gunn sold 54,950 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of C$141.57, for a total value of C$7,779,271.50. 2.23% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on DOL. Desjardins upped their price objective on shares of Dollarama from C$147.00 to C$150.00 and gave the company a "buy" rating in a research report on Tuesday, December 3rd. Wells Fargo & Company cut shares of Dollarama from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from C$136.00 to C$130.00 in a research report on Thursday, September 12th. UBS Group set a C$147.00 price objective on shares of Dollarama and gave the company a "neutral" rating in a research report on Friday, December 13th. CIBC upped their price objective on shares of Dollarama from C$138.00 to C$145.00 in a research report on Thursday, December 5th. Finally, Cfra raised shares of Dollarama from a "hold" rating to a "buy" rating and upped their price objective for the company from C$130.00 to C$155.00 in a research report on Thursday, September 12th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Dollarama currently has a consensus rating of "Hold" and a consensus price target of C$145.17.
Get Our Latest Stock Analysis on Dollarama
About Dollarama
(
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Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
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