Dollarama Inc. (DOL) To Go Ex-Dividend on January 10th

Dollarama Inc. (TSE:DOL) declared a quarterly dividend on Friday, January 10th,TickerTech Dividends reports. Stockholders of record on Friday, February 7th will be paid a dividend of 0.092 per share on Friday, February 7th. This represents a $0.37 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, January 10th.

Dollarama Price Performance

Dollarama stock opened at C$139.26 on Wednesday. The company has a current ratio of 1.99, a quick ratio of 0.08 and a debt-to-equity ratio of 391.24. The stock has a market cap of C$39.24 billion, a P/E ratio of 36.08, a PEG ratio of 1.93 and a beta of 0.56. The company has a 50-day moving average price of C$143.82 and a 200 day moving average price of C$136.96. Dollarama has a 12-month low of C$94.39 and a 12-month high of C$152.97.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wells Fargo & Company lowered shares of Dollarama from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from C$136.00 to C$130.00 in a research report on Thursday, September 12th. National Bankshares downgraded Dollarama from an “outperform” rating to a “sector perform” rating in a research report on Thursday, December 5th. TD Securities increased their price target on Dollarama from C$154.00 to C$160.00 in a report on Thursday, December 5th. National Bank Financial downgraded Dollarama from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Royal Bank of Canada decreased their target price on shares of Dollarama from C$160.00 to C$159.00 in a research report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of C$145.17.

Insider Activity at Dollarama

In other Dollarama news, Director Stephen Gunn sold 54,950 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$141.57, for a total value of C$7,779,271.50. Also, Senior Officer Mark Di Pesa sold 530 shares of Dollarama 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. Company insiders own 2.23% of the company’s stock.

About Dollarama

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.