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Data last updated: Sep 21, 2026
Snapshot (as of Sep 21, 2026): Dollarama Inc. (DLMAF) pays a $0.45 annual dividend ($0.09 quarterly), yielding 0.26% at $124.13/share. Next ex-dividend date 2026-10-09. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.26%
Annual Dividend: $0.45 per share
Payout Ratio: 8.8%
Ex-Dividend Date: 2026-10-09
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 16
Dollarama Inc. dividend investors are looking at a Canadian discount retailer with 1,444 stores selling general merchandise, everyday consumables, and seasonal items across the country. The current yield is 0.26%, with a trailing annual dividend rate of $0.4516 per share paid quarterly. The next ex-dividend date is October 9, 2026. DLMAF's beta of 0.384 points to low price volatility, which suits growth-and-income investors who want dividend expansion without sharp swings in share price.
Dollarama Inc. pays out 8.8% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings relative to the dividend means the payout has substantial room to absorb earnings pressure before any cut becomes a realistic concern. Dollarama Inc. dividend safety gets additional support from the company's business model: demand for low-price general merchandise and everyday consumables tends to hold up across economic conditions. The most data-supported pressure point is growth itself — as DLMAF continues raising the dividend at double-digit rates, the payout ratio will rise over time, even if it starts from a very low base.
Dollarama Inc. dividend history shows a CAGR of 11.6% per year from 2012 to 2025. The per-share dividend grew from $0.0701 to $0.2931 over that period (2026 data is partial and excluded from the CAGR calculation). 2024 produced the largest single-year increase in the window at 28.8%. One year in the history table, 2020, showed a year-over-year decline from $0.1409 to $0.1311, the only notable dip in the available data.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +20.9% | $0.17 (2022) | $0.29 (2025) |
| 5-Year | +17.5% | $0.13 (2020) | $0.29 (2025) |
| 10-Year | +12.1% | $0.09 (2015) | $0.29 (2025) |
DLMAF fits growth-and-income investors who prioritize dividend expansion over current income from a Canadian discount retail business. The yield is low (below 2%), sitting at just 0.26% today, above the 5-year average of 0.17% but still far below what income-focused investors typically require. Five consecutive years of dividend increases and an 11.6% CAGR over 13 years are the real draw here. The trade-off is straightforward: Dollarama Inc. stock delivers fast dividend growth backed by a very conservative payout ratio, but investors accepting that profile receive almost no current income in return.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-09 | $0.0858 |
| 2026-07-10 | $0.0849 |
| 2026-04-17 | $0.0878 |
| 2026-01-09 | $0.0762 |
| 2025-10-10 | $0.0756 |
| 2025-07-11 | $0.0773 |
| 2025-04-17 | $0.0764 |
| 2025-01-10 | $0.0638 |
| 2024-10-04 | $0.0678 |
| 2024-07-05 | $0.0680 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.3347 |
| 2025 | $0.2931 |
| 2024 | $0.2556 |
| 2023 | $0.1984 |
| 2022 | $0.1660 |
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