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

Shares of Dunelm Group plc (OTCMKTS:DNLMY) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $15.95 and last traded at $15.95, with a volume of 0 shares trading hands. The stock had previously closed at $15.95.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Berenberg Bank upgraded Dunelm Group to a “strong-buy” rating in a report on Tuesday, September 17th. UBS Group upgraded Dunelm Group to a “strong-buy” rating in a report on Friday, October 11th. Finally, Canaccord Genuity Group upgraded Dunelm Group to a “strong-buy” rating in a report on Tuesday, September 17th.

Dunelm Group Price Performance

The company has a fifty day moving average of $15.33 and a 200-day moving average of $14.35.

Dunelm Group Increases Dividend

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

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.