DFS Furniture PLC Declares Dividend of GBX 3.70 (DFS)

DFS Furniture PLC (LON:DFS) announced a dividend on Thursday, March 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 3.70 ($0.05) per share on Wednesday, June 19th. This represents a yield of 1.58%. The ex-dividend date of this dividend is Thursday, May 30th. The official announcement can be accessed at this link.

DFS Furniture stock opened at GBX 239.50 ($3.13) on Friday. The company has a debt-to-equity ratio of 82.13, a quick ratio of 0.23 and a current ratio of 0.58. DFS Furniture has a 12 month low of GBX 170 ($2.22) and a 12 month high of GBX 250 ($3.27). The firm has a market capitalization of $496.47 million and a price-to-earnings ratio of 26.91.

In other DFS Furniture news, insider Ian Durant purchased 13,000 shares of the stock in a transaction dated Monday, December 17th. The shares were purchased at an average cost of GBX 184 ($2.40) per share, with a total value of £23,920 ($31,255.72).

Several equities research analysts have commented on the company. Peel Hunt reissued a “buy” rating on shares of DFS Furniture in a report on Thursday. Berenberg Bank raised DFS Furniture to a “buy” rating and boosted their target price for the stock from GBX 230 ($3.01) to GBX 280 ($3.66) in a report on Friday, February 15th.

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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: What is the Book Value of a Share?

Dividend History for DFS Furniture (LON:DFS)

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