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Data last updated: Nov 05, 2026
Snapshot (as of Nov 05, 2026): Dollarama Inc. (DLMAF) pays a $0.45 annual dividend ($0.11 quarterly), yielding 0.22% at $155.48/share. Next ex-dividend date 2026-10-09. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.22%
Annual Dividend: $0.45 per share
Payout Ratio: 9.1%
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 company that runs discount retail stores across Canada and internationally, selling general merchandise, consumables, and seasonal products. The current yield is 0.23%, with trailing twelve-month payments of $0.4520 per share paid quarterly. The next ex-dividend date is October 9, 2026. With a beta of 0.314, DLMAF stock moves far less than the broader market, which suits investors who prioritize dividend growth and price stability over high current income.
Dollarama Inc. pays out 9.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). That level of retention gives the company substantial room to keep paying and growing the dividend even if earnings soften. Dollarama Inc. dividend safety is further supported by the nature of its business: discount retail selling everyday consumables and general merchandise tends to see demand hold up when household budgets tighten. The most meaningful pressure point is expansion risk, as DLMAF operates across Canada, Latin America, Colombia, Peru, Australia, and Mexico, and international growth introduces currency and execution variables that domestic-only retailers do not face.
Dollarama Inc. dividend history shows a CAGR of 11.6% per year from 2012 to 2025. Per-share payments grew from $0.0701 to $0.2931 over that period (2026 data is partial and excluded from the CAGR calculation). The largest annual increase in the window was 28.8% in 2024. One year, 2015, saw a year-over-year decline, and 2020 also dipped below the prior year, so the growth line has not been perfectly linear.
| 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 want dividend expansion rather than immediate income, anchored in a discount retail business with broad geographic reach. The yield is low (below 2%), currently at 0.23%, which is slightly below the 5-year average of 0.26%. That gap is small, but it confirms this is not a stock where yield alone does the work. What an investor gets is an 11.6% annualized dividend growth rate over 13 years and a payout ratio of 9.1%, leaving extensive room for future increases. The trade-off is accepting a yield that barely registers as income today in exchange for a dividend that has more than quadrupled since 2012.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-09 | $0.0840 |
| 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 | $0.3329 |
| 2025 | $0.2931 |
| 2024 | $0.2556 |
| 2023 | $0.1984 |
| 2022 | $0.1660 |
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