Dollarama (TSE:DOL) announced a quarterly dividend on Wednesday, June 12th, StockRatingsNetwork.com reports. Stockholders of record on Friday, July 5th will be paid a dividend of $0.14 per share on Wednesday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.80%.
DOL has been the subject of a number of recent research reports. Analysts at Raymond James raised their price target on shares of Dollarama from C$67.00 to C$75.00 in a research note to investors on Thursday, June 6th. They now have a “market perform” rating on the stock. On the ratings front, analysts at RBC Capital raised their price target on shares of Dollarama from C$76.00 to C$81.00 in a research note to investors on Wednesday, June 5th. They now have an “outperform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Dollarama from C$77.00 to C$82.00 in a research note to investors on Wednesday, June 5th. They now have a “hold” rating on the stock.
Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$78.40.
Dollarama (TSE: DOL) opened at 70.13 on Thursday. Dollarama has a 52-week low of $55.99 and a 52-week high of $76.61. The stock’s 50-day moving average is currently $73.14. The company has a market cap of $5.126 billion and a price-to-earnings ratio of 24.19.
Dollarama Inc. (TSE: DOL) is a dollar store operator in Canada.