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Dollarama: This Dollar Store Hikes Its Dividend And Share Buyback Program

Apr. 03, 2021 11:35 AM ETDollarama Inc. (DLMAF), DOL:CA9 Comments


  • Dollarama is Canada's best-known dollar store.
  • The company generated in excess of C$500M in free cash flow, and that includes the growth capex related to opening 65 new stores.
  • Dollarama's 10-year plan calls for a 50% increase in the amount of stores, with a payback period of two years per new store.
  • More cash will be flowing to the shareholders this year, in the form of dividends and share buybacks.
  • Looking for a helping hand in the market? Members of European Small-Cap Ideas get exclusive ideas and guidance to navigate any climate. Learn More »
Dollarama winkel
Photo by Kevin Brine/iStock Editorial via Getty Images


Dollarama (OTC:DLMAF) is Canada’s leading dollar store. Although the company had to deal with temporary store closures, its financial performance in FY 2021 (which ended in January) was very satisfying as the cash flows remained strong. This allowed Dollarama to hike the

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This article was written by

The Investment Doctor profile picture
We zoom in on capital gains and dividend income in European small-caps
As I'm a long-term investor, I'll highlight some stockpicks which will have a 5-7 year investment horizon. As I strongly believe a portfolio should consist of a mixture of dividend-paying stocks and growth stocks, my articles will reflect my thoughts on this mixture.

Analyst’s Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I have written a few put options on Dollarama, but they will likely expire out of the money.

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