Dunelm Group plc (OTCMKTS:DNLMY) Announces Dividend Increase – $0.31 Per Share

Dunelm Group plc (OTCMKTS:DNLMY) declared a dividend on Thursday, October 3rd, NASDAQ reports. Stockholders of record on Friday, November 1st will be paid a dividend of 0.3148 per share on Wednesday, December 11th. The ex-dividend date is Friday, November 1st. This is an increase from Dunelm Group’s previous dividend of $0.18.

Dunelm Group Price Performance

Shares of OTCMKTS DNLMY remained flat at $15.85 during midday trading on Thursday. 2 shares of the stock were exchanged, compared to its average volume of 431. The stock’s 50-day simple moving average is $14.67 and its 200 day simple moving average is $14.15. Dunelm Group has a 1-year low of $12.07 and a 1-year high of $15.95.

Wall Street Analysts Forecast Growth

DNLMY has been the subject of several research reports. Berenberg Bank raised shares of Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th. Canaccord Genuity Group raised shares of Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th.

Dunelm Group Company Profile

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.