Dunelm Group plc (DNLM) Announces Dividend of GBX 19.50
Dunelm Group plc (LON:DNLM) announced a dividend on Wednesday, September 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 15th will be paid a dividend of GBX 19.50 ($0.25) per share on Friday, December 7th. This represents a dividend yield of 3.42%. The ex-dividend date of this dividend is Thursday, November 15th. This is an increase from Dunelm Group’s previous dividend of $7.00. The official announcement can be viewed at this link.
Shares of DNLM stock opened at GBX 624 ($8.15) on Friday. Dunelm Group has a 52 week low of GBX 541.50 ($7.08) and a 52 week high of GBX 760 ($9.93).
Several brokerages have recently commented on DNLM. Numis Securities reaffirmed an “add” rating and set a GBX 675 ($8.82) price objective on shares of Dunelm Group in a research report on Wednesday, October 17th. Royal Bank of Canada reduced their price objective on shares of Dunelm Group from GBX 560 ($7.32) to GBX 525 ($6.86) and set an “underperform” rating for the company in a research report on Tuesday, October 16th. JPMorgan Chase & Co. raised their price objective on shares of Dunelm Group from GBX 590 ($7.71) to GBX 600 ($7.84) and gave the stock a “neutral” rating in a research report on Friday, October 12th. UBS Group reaffirmed a “buy” rating on shares of Dunelm Group in a research report on Thursday, October 11th. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Dunelm Group in a research report on Monday, September 24th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 582.08 ($7.61).
Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and kids beddings.
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