Dollarama Inc. (T.DOL) hit a new 52-week high of $32.50 Thursday. Dollarama reported significant increases in sales and net earnings today for the quarter ended May 1, 2011. Comparable store sales grew 3.4%, while operating income grew 23.7% to $47.7 million, or 13.8% of sales. Also, the Board of Directors has declared the first quarterly dividend in Dollarama's history as a public corporation. The initial quarterly dividend is set at $0.09 per common share.
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