SmarterDividends
DLMAF

Dollarama (DLMAF) Dividend

Dollarama Inc. · Consumer Defensive · Discount Stores · quarterly payer

$155.48

Overvalued · -20% Add to Portfolio

As of Nov 5, 2026, Dollarama (DLMAF) pays a quarterly dividend of $0.0840 per share, or $0.34 a year, a 0.22% yield at its $155.48 share price. It pays every quarter, usually in May, August and November. It has raised its dividend 10 years in a row and has a dividend safety grade of A.

Forward Yield

0.22%

Annual Dividend

$0.34

Payout Ratio

9%

5-Yr Growth

17.2%

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about DLMAF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Dollarama Inc. (DLMAF) has a forward dividend yield of 0.22%, based on an annual dividend of $0.34 per share and a share price of $155.48.
  • As of Nov 5, 2026, DLMAF's dividend safety grade from SmarterDividends is A (84 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Dollarama Inc. (DLMAF) has raised its dividend for 10 consecutive years as of Nov 5, 2026.
  • DLMAF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • DLMAF's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.0840 per share.
  • As of Nov 5, 2026, DLMAF pays out 9% of its trailing 12-month earnings as dividends (its payout ratio).
  • DLMAF's dividend has grown at an average rate of 17.2% a year over the past five years.
  • As of Nov 5, 2026, DLMAF's 0.22% yield is 21% below its five-year average yield of 0.28%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for DLMAF is $124.12 per share, 20% below the $155.48 share price, so DLMAF screens as overvalued.
  • Dollarama Inc. (DLMAF) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "DLMAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/DLMAF

Is DLMAF a good dividend stock?

Yes

Dollarama Inc. (DLMAF) pays a quarterly dividend yielding 0.22% ($0.34/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 10 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (9%)
  • Strong 17.2% 5-yr dividend growth
  • 244% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.22%
Payout Ratio
9%
Annual Dividend
$0.34
5-Yr Avg Growth
17.2%
Ex-Dividend Date
Oct 9, 2026
Years of Growth
10
Frequency
quarterly
Beta
0.31
Market Cap
$41.7B
P/E Ratio
43.3
5-Yr Total Return
244%
52-Week Range
$103.63 – $160.86
Dividend Safety
A · 84/100
Ever Cut?
No

DLMAF dividend changes

Dollarama Inc. (DLMAF) pays a variable dividend: across the 51 payments on record since 2013, 23 were higher than the one before and 19 lower. The latest change was down 1.2% to $0.0840 per share, going ex-dividend on Oct 9, 2026.

Ex-dateChangeOld → newMove
Oct 9, 2026Lower$0.0850 → $0.0840−1.2%
Jul 10, 2026Lower$0.0880 → $0.0850−3.4%
Apr 17, 2026Higher$0.0770 → $0.0880+14.3%
Jul 11, 2025Higher$0.0760 → $0.0770+1.3%
Apr 17, 2025Higher$0.0640 → $0.0760+18.7%
Jan 10, 2025Lower$0.0680 → $0.0640−5.9%
Jul 5, 2024Higher$0.0670 → $0.0680+1.5%
Apr 18, 2024Higher$0.0530 → $0.0670+26.4%
Jan 4, 2024Higher$0.0520 → $0.0530+1.9%
Oct 5, 2023Lower$0.0530 → $0.0520−1.9%
Apr 13, 2023Higher$0.0410 → $0.0530+29.3%
Oct 6, 2022Lower$0.0420 → $0.0410−2.4%
DLMAF ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →DLMAF dividend historyEvery payment, totals by year, raises and cutsView →DLMAF dividend calculator100 shares pay $34.00 a year, $8.50 each quarterCalculate →DLMAF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is DLMAF a good dividend stock?

Yes. Dollarama Inc. (DLMAF) pays a quarterly dividend yielding 0.22% ($0.34/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is DLMAF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DLMAF's fair value is about $124.12 versus a $155.48 share price — so it looks overvalued (-20% vs. fair value).

Is DLMAF's dividend safe?

DLMAF has a dividend-safety grade of A (84/100), based on its payout coverage, free-cash-flow, 10-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is DLMAF's fair value?

Our blended fair-value estimate for DLMAF is about $124.12 per share, about 20% below the current $155.48 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DLMAF a buy, hold, or sell?

We don't issue formal ratings, but on the data DLMAF screens as "yes" and overvalued. Dollarama Inc. (DLMAF) pays a quarterly dividend yielding 0.22% ($0.34/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will DLMAF cut its dividend?

DLMAF earns a dividend-safety grade of A (84/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does DLMAF pay a dividend?

Yes. Dollarama Inc. pays a quarterly dividend of about $0.34 per share annually, a forward yield of roughly 0.22%.

How much dividend does 100 shares of DLMAF pay?

At $0.34 per share a year, 100 shares of DLMAF pay $34.00 a year in dividends before tax, about $8.50 each quarter. Buying them costs about $15,548 at the Nov 5, 2026 price.

What is DLMAF's dividend yield?

As of Nov 5, 2026, DLMAF's forward dividend yield is 0.22%, based on a $0.34 annual dividend and a $155.48 share price.

What is DLMAF's dividend per share?

As of Nov 5, 2026, DLMAF pays $0.34 per share per year, distributed on a quarterly basis.

What is DLMAF's dividend payout ratio?

As of Nov 5, 2026, DLMAF's payout ratio is 9% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has DLMAF grown its dividend?

As of Nov 5, 2026, DLMAF has increased its dividend for 10 consecutive years.

When is the next DLMAF ex-dividend date?

As of Nov 5, 2026, DLMAF's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.0840 per share.