Dunelm Group plc Plans Dividend of GBX 27.50 (LON:DNLM)

Dunelm Group plc (LON:DNLM) announced a dividend on Wednesday, September 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 27.50 ($0.36) per share on Tuesday, November 26th. This represents a dividend yield of 2.23%. The ex-dividend date is Thursday, October 31st. The official announcement can be viewed at this link.

Dunelm Group Price Performance

Shares of DNLM opened at GBX 1,216.05 ($15.90) on Friday. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 169.49. The stock has a market cap of £2.46 billion, a PE ratio of 1,627.03, a PEG ratio of -10.32 and a beta of 1.18. Dunelm Group has a 12-month low of GBX 959 ($12.54) and a 12-month high of GBX 1,335.54 ($17.46). The business has a 50-day simple moving average of GBX 1,199.71 and a two-hundred day simple moving average of GBX 1,117.27.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DNLM shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,060 ($13.86) price objective on shares of Dunelm Group in a research note on Thursday. Canaccord Genuity Group upped their price target on shares of Dunelm Group from GBX 1,250 ($16.35) to GBX 1,325 ($17.33) and gave the company a “buy” rating in a research report on Saturday, July 20th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Dunelm Group has an average rating of “Hold” and an average target price of GBX 1,214.17 ($15.88).

About Dunelm Group

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.