Dollarama Inc. (TSE:DOL) Director Joshua Bekenstein sold 2,284 shares of the business’s stock in a transaction dated Thursday, January 13th. The shares were sold at an average price of C$63.99, for a total transaction of C$146,150.88. Following the completion of the sale, the director now directly owns 24,716 shares of the company’s stock, valued at approximately C$1,581,552.12.
DOL stock opened at C$63.00 on Friday. The company has a market cap of C$18.76 billion and a PE ratio of 31.33. The business has a 50-day simple moving average of C$59.81 and a 200 day simple moving average of C$58.07. Dollarama Inc. has a 52 week low of C$46.56 and a 52 week high of C$64.49. The company has a quick ratio of 0.22, a current ratio of 1.32 and a debt-to-equity ratio of 18,873.64.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 4th. Investors of record on Friday, January 7th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Thursday, January 6th. Dollarama’s dividend payout ratio (DPR) is presently 9.84%.
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 January 31, 2021, it operated 1,355 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
See Also: What is a capital gains distribution?
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.