DFS Furniture PLC (LON:DFS) to Issue Dividend of GBX 7.50

DFS Furniture PLC (LON:DFS) declared a dividend on Thursday, September 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 5th will be paid a dividend of GBX 7.50 ($0.10) per share on Friday, December 27th. This represents a yield of 3.33%. The ex-dividend date of this dividend is Thursday, December 5th. 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 227.50 ($2.97) on Wednesday. The company has a market cap of $484.85 million and a PE ratio of 24.73. The company has a current ratio of 0.54, a quick ratio of 0.17 and a debt-to-equity ratio of 82.13. The company has a 50 day simple moving average of GBX 228.01 and a two-hundred day simple moving average of GBX 233.51. DFS Furniture has a 12 month low of GBX 177.80 ($2.32) and a 12 month high of GBX 258.50 ($3.38).

A number of equities analysts have recently issued reports on the company. Berenberg Bank dropped their price target on DFS Furniture from GBX 280 ($3.66) to GBX 265 ($3.46) and set a “buy” rating on the stock in a research note on Friday, September 27th. Peel Hunt reiterated a “buy” rating on shares of DFS Furniture in a research report on Tuesday, November 12th. Peel Hunt reissued a “buy” rating and issued a GBX 275 ($3.59) target price on shares of DFS Furniture in a report on Thursday, October 3rd. Finally, UBS Group dropped their target price on DFS Furniture from GBX 260 ($3.40) to GBX 230 ($3.01) and set a “buy” rating on the stock in a research report on Wednesday, October 2nd. Five equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of GBX 261.25 ($3.41).

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. As of July 30, 2018, it operated a network of 116 DFS stores, as well as 44 stores with converted warehouse space.

Further Reading: Exchange-Traded Funds (ETFs)

Dividend History for DFS Furniture (LON:DFS)

Receive News & Ratings for DFS Furniture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DFS Furniture and related companies with MarketBeat.com's FREE daily email newsletter.