Dollarama Inc (DOL) Plans Dividend of C$0.15
Dollarama (TSE:DOL) declared a dividend on Thursday, June 12th, Analyst Ratings Network.com reports. Stockholders of record on Friday, July 4th will be given a dividend of 0.1473 per share on Wednesday, August 6th. The ex-dividend date of this dividend is Tuesday, July 1st.
A number of analysts have recently weighed in on DOL shares. Analysts at Desjardins raised their price target on shares of Dollarama from C$96.00 to C$99.00 in a research note on Friday, June 13th. They now have a “hold” rating on the stock. On the ratings front, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Dollarama in a research note on Friday, June 13th. They now have a C$111.00 price target on the stock, up previously from C$108.00. Finally, analysts at National Bank Financial raised their price target on shares of Dollarama from C$99.00 to C$103.00 in a research note on Friday, June 13th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Dollarama currently has a consensus rating of “Buy” and an average target price of C$100.18.
Dollarama (TSE:DOL) opened at 88.45 on Wednesday. Dollarama has a 52-week low of $72.62 and a 52-week high of $96.67. The stock has a 50-day moving average of $91.6 and a 200-day moving average of $87.57. The company has a market cap of $5.918 billion and a price-to-earnings ratio of 24.31.
Dollarama (TSE:DOL) last posted its quarterly earnings results on Friday, June 13th. The company reported $0.78 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.77 by $0.01. On average, analysts predict that Dollarama will post $4.35 earnings per share for the current fiscal year.
Dollarama Inc (TSE:DOL) is a dollar store operator in Canada.
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