Dollarama Inc. (TSE:DOL - Get Free Report) Director John Assaly sold 1,336 shares of Dollarama stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of C$112.36, for a total transaction of C$150,106.41.
Dollarama Stock Performance
Shares of DOL opened at C$112.80 on Friday. The company has a debt-to-equity ratio of 1,477.71, a quick ratio of 0.08 and a current ratio of 1.51. Dollarama Inc. has a twelve month low of C$80.81 and a twelve month high of C$114.81. The firm's 50 day moving average price is C$105.75 and its two-hundred day moving average price is C$100.01. The firm has a market cap of C$31.72 billion, a P/E ratio of 33.98, a PEG ratio of 1.93 and a beta of 0.57.
Dollarama Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, April 19th will be paid a $0.092 dividend. The ex-dividend date is Thursday, April 18th. This represents a $0.37 dividend on an annualized basis and a yield of 0.33%. This is a positive change from Dollarama's previous quarterly dividend of $0.07. Dollarama's payout ratio is presently 8.43%.
Wall Street Analyst Weigh In
Several brokerages have recently commented on DOL. Scotiabank lifted their price target on shares of Dollarama from C$107.00 to C$113.00 in a research report on Friday, April 5th. National Bank Financial upgraded shares of Dollarama from a "sector perform market weight" rating to an "outperform market weight" rating in a report on Wednesday, March 13th. CIBC boosted their price objective on shares of Dollarama from C$99.00 to C$115.00 in a report on Friday, April 5th. BMO Capital Markets boosted their price objective on shares of Dollarama from C$105.00 to C$124.00 in a report on Friday, April 5th. Finally, National Bankshares boosted their price objective on shares of Dollarama from C$112.00 to C$120.00 in a report on Friday, April 5th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Dollarama presently has a consensus rating of "Hold" and an average price target of C$109.36.
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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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