Dunelm Group (OTCMKTS:DNLMY) Stock Price Down 3.4% – Here’s What Happened

Dunelm Group plc (OTCMKTS:DNLMY) dropped 3.4% during trading on Thursday . The company traded as low as $12.56 and last traded at $12.56. Approximately 10 shares changed hands during trading, a decline of 99% from the average daily volume of 1,420 shares. The stock had previously closed at $13.00.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded Dunelm Group from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, February 4th.

Dunelm Group Trading Down 3.4 %

The firm has a fifty day simple moving average of $12.56 and a 200-day simple moving average of $14.07.

Dunelm Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Friday, March 14th will be issued a dividend of $0.3703 per share. This is an increase from Dunelm Group’s previous dividend of $0.31. The ex-dividend date is Friday, March 14th.

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.