SmarterDividends
DLMA

Dollarama (DLMAY) Dividend

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

$15.00

Overvalued · -55% Add to Portfolio

As of Nov 5, 2026, Dollarama (DLMAY) pays a quarterly dividend, or $0.03 a year, a 0.22% yield at its $15.00 share price. It pays every quarter, usually in January, May, July and October.

Forward Yield

0.22%

Annual Dividend

$0.03

Payout Ratio

9%

5-Yr Growth

—

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about DLMAY's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Dollarama Inc. (DLMAY) has a forward dividend yield of 0.22%, based on an annual dividend of $0.03 per share and a share price of $15.00.
  • DLMAY has never cut its regular dividend in the payment history SmarterDividends has on record.
  • DLMAY's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.0086 per share.
  • As of Nov 5, 2026, DLMAY pays out 9% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 5, 2026, DLMAY's 0.22% yield is 299% above its five-year average yield of 0.06%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for DLMAY is $6.69 per share, 55% below the $15.00 share price, so DLMAY screens as overvalued.
  • Dollarama Inc. (DLMAY) pays its dividend quarterly, 4 times a year.
  • Dollarama Inc. (DLMAY) has raised its regular dividend 2 times and cut it 1 time across the 5 payments on record since 2025. Its most recent change was a 1.6% cut to $0.0086 per share, going ex-dividend on Jul 10, 2026.
Cite this page

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

Is DLMAY a good dividend stock?

Mixed

Dollarama Inc. (DLMAY) pays a quarterly dividend yielding 0.22% ($0.03/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (9%)

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.22%
Payout Ratio
9%
Annual Dividend
$0.03
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 9, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.31
Market Cap
$40.3B
P/E Ratio
41.7
5-Yr Total Return
—
52-Week Range
$10.00 – $19.02
Dividend Safety
—
Ever Cut?
No

DLMAY dividend raises and cuts

Dollarama Inc. (DLMAY) has raised its regular dividend 2 times and cut it 1 time across the 5 payments on record since 2025. Its most recent change was a 1.6% cut to $0.0086 per share, going ex-dividend on Jul 10, 2026.

Ex-dateChangeOld → newMove
Jul 10, 2026Cut$0.0087 → $0.0086−1.6%
Apr 23, 2026Raise$0.0077 → $0.0087+12.8%
Jan 9, 2026Raise$0.0075 → $0.0077+3.6%
DLMAY ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →DLMAY dividend historyEvery payment, totals by year, raises and cutsView →DLMAY dividend calculator100 shares pay $3.00 a year, $0.75 each quarterCalculate →

Frequently Asked Questions

Is DLMAY a good dividend stock?

Mixed. Dollarama Inc. (DLMAY) pays a quarterly dividend yielding 0.22% ($0.03/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is DLMAY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DLMAY's fair value is about $6.69 versus a $15.00 share price — so it looks overvalued (-55% vs. fair value).

What is DLMAY's fair value?

Our blended fair-value estimate for DLMAY is about $6.69 per share, about 55% below the current $15.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DLMAY a buy, hold, or sell?

We don't issue formal ratings, but on the data DLMAY screens as "mixed" and overvalued. Dollarama Inc. (DLMAY) pays a quarterly dividend yielding 0.22% ($0.03/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Does DLMAY pay a dividend?

Yes. Dollarama Inc. pays a quarterly dividend of about $0.03 per share annually, a forward yield of roughly 0.22%.

How much dividend does 100 shares of DLMAY pay?

At $0.03 per share a year, 100 shares of DLMAY pay $3.00 a year in dividends before tax, about $0.75 each quarter. Buying them costs about $1,500 at the Nov 5, 2026 price.

What is DLMAY's dividend yield?

As of Nov 5, 2026, DLMAY's forward dividend yield is 0.22%, based on a $0.03 annual dividend and a $15.00 share price.

What is DLMAY's dividend per share?

As of Nov 5, 2026, DLMAY pays $0.03 per share per year, distributed on a quarterly basis.

What is DLMAY's dividend payout ratio?

As of Nov 5, 2026, DLMAY'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 DLMAY grown its dividend?

DLMAY does not currently have a long dividend-growth streak on record.

When is the next DLMAY ex-dividend date?

As of Nov 5, 2026, DLMAY's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.0086 per share.