DFS Furniture plc Plans Dividend of GBX 1.10 (LON:DFS)

DFS Furniture plc (LON:DFS) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 1.10 ($0.01) per share on Thursday, May 30th. This represents a yield of 0.98%. The ex-dividend date of this dividend is Thursday, April 18th. The official announcement can be viewed at this link.

DFS Furniture Price Performance

DFS opened at GBX 112.44 ($1.40) on Wednesday. The company has a debt-to-equity ratio of 239.47, a quick ratio of 0.10 and a current ratio of 0.23. The stock has a market capitalization of £263.26 million, a P/E ratio of 1,412.50, a P/E/G ratio of 0.56 and a beta of 1.60. The company’s 50-day simple moving average is GBX 114.54 and its two-hundred day simple moving average is GBX 111.93. DFS Furniture has a 52-week low of GBX 95.90 ($1.19) and a 52-week high of GBX 154.80 ($1.93).

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DFS. Shore Capital restated a “not rated” rating on shares of DFS Furniture in a research note on Wednesday, March 20th. Berenberg Bank lowered their price objective on shares of DFS Furniture from GBX 180 ($2.24) to GBX 120 ($1.49) and set a “hold” rating on the stock in a research note on Wednesday, March 27th.

About DFS Furniture

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.