DLMAY (Dollarama) Dividend Payout Ratio: 0.12 (As of Apr. 2026) — 33% Above Median


DLMAY Dollarama Inc DLMAY
74 GF Score
Price $14.44
GF Value $13.47
Valuation Fairly Valued
! 2 Warning Signs
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What is Dollarama Dividend Payout Ratio?

Dollarama DLMAY -7.55% 74 Dividend Payout Ratio is 0.12 as of Apr. 2026, which is 33% above its 10-year median of 0.09. GuruFocus rates DLMAY with a GF Score™ of 74/100 and a GF Value™ of $13.47 (Fairly Valued). The stock has 2 warning signs investors should review. Among 180 Retail - Defensive companies, Dollarama ranks better than 97.78% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Dollarama's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.12.

The historical rank and industry rank for Dollarama's Dividend Payout Ratio or its related term are showing as below:

DLMAY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.11
Current: 0.07

During the past 13 years, the highest Dividend Payout Ratio of Dollarama was 0.11. The lowest was 0.07. And the median was 0.09.

DLMAY's Dividend Payout Ratio is ranked better than
97.78% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.365 vs DLMAY: 0.07

As of today (2026-06-28), the Dividend Yield % of Dollarama is 0.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dollarama was 0.51%. The lowest was 0.17%. And the median was 0.30%.

Dollarama's Dividends per Share for the months ended in Apr. 2026 was $0.01.

During the past 12 months, Dollarama's average Dividends Per Share Growth Rate was 14.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dollarama was 33.50% per year. The lowest was 6.80% per year. And the median was 11.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Dollarama (OTCPK:DLMAY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Dollarama Dividend Payout Ratio Related Terms

Dollarama Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Dollarama's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dollarama Dividend Payout Ratio Chart

Dollarama Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.04

Dollarama Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.08 0.08 0.12

DLMAY vs WMT, COST, TGT: Dividend Payout Ratio Comparison

For the Discount Stores subindustry, Dollarama's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dollarama Dividend Payout Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dollarama's Dividend Payout Ratio falls into.


DLMAY
74GF Score
Dollarama Inc DLMAY
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollarama Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Dollarama's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2026 )/ EPS without NRI (A: Jan. 2026 )
=0.015/ 0.341
=0.04

Dollarama's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=0.009/ 0.077
=0.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.12 mean?
Dollarama (DLMAY) has a Dividend Payout Ratio of 0.12 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dollarama and its competitors. This is 33% above median its historical median of 0.09. Over the past decade, Dollarama's Dividend Payout Ratio has ranged from 0.07 to 0.11. According to the industry distribution chart, Dollarama ranks #4 out of 180 companies in the Retail - Defensive industry, placing it in the top 2.2%.
Is Dollarama's Dividend Payout Ratio too high?
Dollarama's current Dividend Payout Ratio of 0.12 is 33% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.11. The Retail - Defensive industry median Dividend Payout Ratio is 0.37. Dollarama's value of 0.12 is 67.1% below this industry median. Based on the distribution chart, Dollarama ranks #4 out of 180 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Dollarama has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dollarama's Dividend Payout Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Dollarama ranks #4 out of 180 companies for Dividend Payout Ratio. This places Dollarama in the top 2% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Dollarama's value of 0.12 is 67.1% below this benchmark. Historically, Dollarama's own Dividend Payout Ratio has ranged from 0.07 to 0.11 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.37, Dollarama has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Retail - Defensive company?
The median Dividend Payout Ratio among Retail - Defensive companies is 0.37, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dollarama's current Dividend Payout Ratio of 0.12 is 67.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dollarama and its competitors. For the Retail - Defensive industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollarama's current Dividend Payout Ratio is 0.12, which is 33% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollarama stock overvalued right now?
Based on GuruFocus' analysis, Dollarama (DLMAY) is currently considered Fairly Valued. The stock's GF Value™ is $13.47, compared to a current price of $14.44 — trading 7.2% above its estimated fair value. The current Dividend Payout Ratio is 0.12, which is 33% above median its 10-year median of 0.09 and 67.1% below the Retail - Defensive industry median of 0.37. Dollarama's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Dollarama (DLMAY), the current Dividend Payout Ratio is 0.12 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dollarama (DLMAY) Overvalued in 2026?

Based on GuruFocus' analysis, Dollarama stock appears to be overvalued. The current stock price of $14.44 is trading 7.2% above its estimated GF Value™ of $13.47. GuruFocus considers Dollarama to be Fairly Valued.

Key valuation signals for DLMAY:

  • Dividend Payout Ratio: 0.12 (33% above median its 10-year median of 0.09)
  • GF Value™: $13.47 vs. price of $14.44 (7.2% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 67.1% below the Retail - Defensive median (#4 of 180)

No single metric tells the full story. See the DLMAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dollarama Business Description

Address 5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama is Canada's largest dollar store chain that sells a broad range of everyday consumables and household items at low fixed price points, currently capped at CAD 5. General merchandise and consumables make up 90% of total sales, and the rest is from festivity-related seasonal items. The retailer operates close to 1,700 stores across Canada, mostly in convenient locations in metropolitan areas, midsize cities, and small towns. It also holds a 60% stake in South American value retailer Dollarcity, which operates more than 600 stores across Colombia, Guatemala, El Salvador, Peru, and Mexico. In 2025, the firm closed its CAD 234 million acquisition of Australian retail chain The Reject Shop, which operates about 400 stores.
74GF Score

Get the complete analysis for DLMAY

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.44
Price
$13.47
GF Value