DUNELM GRP PLC/ADR (OTCMKTS:DNLMY) to Issue None Dividend of $0.35

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DUNELM GRP PLC/ADR (OTCMKTS:DNLMY) declared a None dividend on Tuesday, September 10th, Zacks reports. Investors of record on Friday, September 20th will be paid a dividend of 0.348 per share on Monday, October 28th. The ex-dividend date is Thursday, September 19th. This is an increase from DUNELM GRP PLC/ADR’s previous None dividend of $0.09.

DUNELM GRP PLC/ADR stock remained flat at $$11.35 during midday trading on Thursday. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 21.02 and a beta of 0.63. The company’s 50 day moving average is $11.35 and its 200 day moving average is $11.19. DUNELM GRP PLC/ADR has a 52 week low of $9.18 and a 52 week high of $11.67.

Separately, Zacks Investment Research cut shares of DUNELM GRP PLC/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, July 2nd.

DUNELM GRP PLC/ADR Company Profile

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 baby and kids beddings.

Further Reading: When can a hold rating present a buying opportunity?

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