Is Dollarama a good dividend stock?
Dollarama is a dividend-paying company, but it is generally not characterized as a "high" or "notable" dividend stock for all types of investors. As of mid-2026, it offers a relatively low dividend yield (around 0.26%), which is modest compared to the broader market. While the company has a track record of increasing its quarterly dividend—such as the 13.4% increase approved in early 2026—it is often viewed by investors more as a growth-oriented stock rather than a primary vehicle for high-yield income.
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Yes, Dollarama is a Canadian company. It was founded in 1992 by Larry Rossy and is headquartered in Mount Royal, Quebec.
Dollarama publicly states that it recognizes its responsibility to respect human rights and protect the environment throughout its international supply chain.