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Dollarama (TSX:DOL) Forward Dividend Yield % : 0.26% (As of May. 05, 2024)


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What is Dollarama Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Dollarama is 0.26%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Dollarama is 0.26%.

TSX:DOL's Forward Dividend Yield % is ranked worse than
99.51% of 205 companies
in the Retail - Defensive industry
Industry Median: 2.86 vs TSX:DOL: 0.26

Dollarama's Dividends per Share for the three months ended in Jan. 2024 was C$0.07.

During the past 12 months, Dollarama's average Dividends Per Share Growth Rate was 28.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dollarama was 33.50% per year. The lowest was 6.80% per year. And the median was 10.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Dollarama's Forward Dividend Yield %

For the Discount Stores subindustry, Dollarama's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dollarama's Forward Dividend Yield % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dollarama's Forward Dividend Yield % falls into.



Dollarama Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dollarama Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0920002024-04-182024-04-192024-05-03Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0710002024-01-042024-01-052024-02-02Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0710002023-10-052023-10-062023-11-03Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0710002023-07-062023-07-072023-08-04Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dollarama's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.368/116.70
=0.32 %

Current Share Price is C$116.70.
Dollarama's Dividends per Share for the forward twelve months is calculated as C$0.092 * 4 = C$0.368.

Dollarama's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.305/116.70
=0.26 %

Current Share Price is C$116.70.
Dollarama's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.305.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dollarama  (TSX:DOL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dollarama Forward Dividend Yield % Related Terms

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Dollarama (TSX:DOL) Business Description

Traded in Other Exchanges
Address
5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items both in-store and online. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.