Dollarama Inc (TSE:DOL) Senior Officer Michael Ross sold 117,000 shares of the stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of C$47.75, for a total value of C$5,586,714.90. Following the completion of the transaction, the insider now owns 1,400 shares in the company, valued at C$66,849.58.
Shares of DOL stock traded up C$0.24 during trading hours on Thursday, reaching C$47.98. The company had a trading volume of 636,642 shares, compared to its average volume of 801,707. The company has a 50 day moving average of C$49.81 and a 200 day moving average of C$43.97. The firm has a market cap of $15.07 billion and a price-to-earnings ratio of 27.83. Dollarama Inc has a 1-year low of C$30.70 and a 1-year high of C$52.12.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 11th will be paid a $0.044 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, October 10th. Dollarama’s dividend payout ratio (DPR) is currently 9.74%.
Dollarama Company Profile
Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal items. The company also offers products online. As of March 28, 2019, it operated 1,225 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
Featured Story: Convertible Shares
Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.