DFS Furniture plc (LON:DFS) to Issue Dividend Increase – GBX 7.50 Per Share

DFS Furniture plc (LON:DFS) announced a dividend on Thursday, September 23rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 25th will be given a dividend of GBX 7.50 ($0.10) per share on Thursday, December 23rd. This represents a yield of 2.76%. The ex-dividend date of this dividend is Thursday, November 25th. This is a boost from DFS Furniture’s previous dividend of $3.70. The official announcement can be seen at this link.

LON:DFS opened at GBX 256.50 ($3.35) on Wednesday. The firm has a market cap of £662.76 million and a P/E ratio of 7.59. The company has a debt-to-equity ratio of 173.60, a quick ratio of 0.09 and a current ratio of 0.25. DFS Furniture has a fifty-two week low of GBX 195.64 ($2.56) and a fifty-two week high of GBX 318.50 ($4.16). The firm has a 50-day simple moving average of GBX 269.23 and a two-hundred day simple moving average of GBX 273.13.

Separately, Berenberg Bank raised their price objective on shares of DFS Furniture from GBX 340 ($4.44) to GBX 365 ($4.77) and gave the company a “buy” rating in a research note on Monday, October 4th.

About DFS Furniture

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails a range of sofas, upholstered furniture, and other living room furniture products in the United Kingdom and Europe. The company operates its products under the brands of DFS, Sofology, Dwell, and Sofa Workshop. It operates a network of 125 DFS stores, 42 Sofology stores, and 36 Dwell stores.

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Dividend History for DFS Furniture (LON:DFS)

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