Dunelm Group plc (DNLM) Declares Dividend of GBX 19.50
Dunelm Group plc (LON:DNLM) announced a dividend on Wednesday, September 13th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 2nd will be given a dividend of GBX 19.50 ($0.26) per share on Friday, November 24th. This represents a yield of 3%. The ex-dividend date is Thursday, November 2nd. This is an increase from Dunelm Group plc’s previous dividend of $6.50. The official announcement can be viewed at this link.
Shares of Dunelm Group plc (LON:DNLM) traded down 1.06% during midday trading on Friday, hitting GBX 743.50. 137,261 shares of the stock traded hands. The firm has a 50-day moving average price of GBX 695.20 and a 200-day moving average price of GBX 631.94. Dunelm Group plc has a 52 week low of GBX 541.50 and a 52 week high of GBX 819.00. The stock’s market capitalization is GBX 1.50 billion.
In related news, insider Keith Down sold 8,000 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of GBX 647 ($8.54), for a total transaction of £51,760 ($68,302.98).
Several research firms have weighed in on DNLM. Deutsche Bank AG upped their price objective on shares of Dunelm Group plc from GBX 630 ($8.31) to GBX 640 ($8.45) and gave the stock a “hold” rating in a report on Thursday, October 12th. Peel Hunt restated a “hold” rating and set a GBX 620 ($8.18) price objective on shares of Dunelm Group plc in a report on Wednesday, August 30th. Barclays PLC restated an “overweight” rating and set a GBX 860 ($11.35) price objective on shares of Dunelm Group plc in a report on Wednesday, October 18th. Jefferies Group LLC reiterated an “underperform” rating and issued a GBX 515 ($6.80) target price on shares of Dunelm Group plc in a research note on Wednesday, July 5th. Finally, N+1 Singer reiterated a “not rated” rating on shares of Dunelm Group plc in a research note on Wednesday, September 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. Dunelm Group plc has a consensus rating of “Hold” and a consensus price target of GBX 705.64 ($9.31).
About Dunelm Group plc
Dunelm Group plc is a United Kingdom-based company, which operates in the homewares market. The Company operates through the retail of homewares in the United Kingdom segment. The Company specializes in soft furnishings and other homeware. The Company also owns Dorma brand. The Company is a homewares retailer, which provides a range of products to its customer base, under the brand name Dunelm.
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