MONTREAL - Dollarama Inc. raised its dividend as it reported a fourth-quarter profit of $172 million, up from $162 .8 million a year earlier. The retailer says it will now pay a quarterly dividend of 4.4 cents per share, up from four cents. A Dollarama store is seen in Montreal on June 11, 2013. Sales for the 13-week period totalled $1.06 billion, up from $938.1 million, while comparable store sales grew 2.6 per cent. Analysts on average had expected a profit of 55 cents per share and revenue of $1.07 billion, according to Thomson Reuters Eikon.

Source: thestar March 28, 2019 11:26 UTC