Dunelm Group (OTCMKTS:DNLMY) Reaches New 12-Month High – What’s Next?

by · The Markets Daily

Dunelm Group plc (OTCMKTS:DNLMY – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $15.95 and last traded at $15.95, with a volume of 0 shares changing hands. The stock had previously closed at $15.95.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DNLMY. Canaccord Genuity Group upgraded Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th. Berenberg Bank upgraded Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th. Finally, UBS Group upgraded Dunelm Group to a “strong-buy” rating in a research report on Friday, October 11th.

Check Out Our Latest Stock Report on Dunelm Group

Dunelm Group Stock Performance

The stock has a 50-day moving average of $15.33 and a 200 day moving average of $14.35.

Dunelm Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, November 1st will be given a dividend of $0.3148 per share. This is an increase from Dunelm Group’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, November 1st.

About Dunelm Group

(Get Free Report)

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.

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