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Interesting that we have such a large rise today..up 39p.
11th Jan. there might be a trading update plus also it was 9th Feb. 2022 that a special dividend was declared (37p) that went ex div 24th Feb., so not too long to await. Could be advisable to purchase shares before their trading update. So plenty of buying happening today and tomorrow is my guess.
Hi IP3LY,
Yes, Dunelm is due to go ex-div tomorrow (10 Nov), with the dividend being 26p payable on 5 Dec 2022, as per their Final Results here:-
https://www.lse.co.uk/rns/DNLM/preliminary-results-jkkih96adf2gx3j.html
They say that the dividend is subject to approval at their AGM, which is due to take place on 30 Nov:-
https://www.lse.co.uk/rns/DNLM/annual-report-and-accounts-and-notice-of-agm-lrnepf20z3lfm4y.html
All the best,
Mike.
Hi, can someone tell me if it is Dunelm’s Ex-Divi tomorrow and know how much?
Cheers.
Invesco, like them and have been building a stake.
Just read the finals late admittedly and didn't realise this trading update was coming out.However there aren't many lse publicly listed retail companies who are turning such a good profit in such challenging circumstances.Admittledly, it's not plain sailing from here macro wise.However, there is little risk of needing more funding as long as the government & BoE get inflation under control in the next few years...If you have a good, trusted cash generating consumer brand & good management in a business, there's much less to potentially worry about at night.
Dunelm reported a dip in first quarter sales. For the 13 weeks to October 1, total sales for the furniture retailer came in at GBP357 million, down 8% from the previous year. This was "as expected, given the very strong comparative period, with Q1 last year benefiting from pent up demand and our rescheduled Summer Sale", it explained. Looking ahead, it noted a "challenging" macroeconomic environment, including recent volatility in exchange rate movements. However, Dunelm said it is "very well hedged" for the remainder of the year. It reiterated the annual guidance from last month.
If they can make such profits in these times.Wow.That's all i can say.My only worry I'm starting to worry if what they're doing is legal!
Thursday 20 October
Dunelm Group PLC Trading Statement
Ahem! Well, it did. Up today 6%. Excellent. Long way to go though.......
.
as the sp has been moving up since 1st September. Massive and many director buys above the current sp level also. Then very good results. I mean what else can a Company do?? Seems to be they are well organised and efficient Company.
All IMHO.
Generous dividend policy too. Paying 26p going ex div. 11th Nov. with also the talk of a special dividend early 2023 if approved at their meeting.
looks like already started ,sp is over £8 now
Monkshood.
True they are generous to their own staff by giving them shares.
However if you look at the chart as from 1st September the share price has been generally moving up.
They decended from about £14 a share.
Their results on 14th September seemed very good :-
https://www.investegate.co.uk/dunelm-group-plc--dnlm-/rns/preliminary-results/202209140700103537Z/
I think the sp will improve even in this climate as they are clearly a well run profitable business.
All IMHO
when the firking mini budget was delivered ($1.12) and it fell to $1.03. What a joke.
Hopefully the market will wake up and improve!
The main trend seems to be the company buying shares back from the profits - which they then award to themselves.....
£8M is around 5% of next years profits. It cost £28M last year. which was 10% of the amount paid out to shareholders.
Given the halving of the share price over the past year perhaps the requirements for them being awarded the options should be a lot higher.
has been gradually going up since 1st September.........
Been out. Just back in and I see is up 2.3% now. Hopefully this last director buy will turn the tide. I see it seemed to turn on 1st September looking at the chart.
All IMHO.
1.1% up. I'll stop the running commentry now!
Just ticked up to 1% up.
Creeping up. Now 0.9% up.
Up just the 0.5% so far.
33206 @ £7.48p = £248,380.88p.
https://www.investegate.co.uk/dunelm-group-plc--dnlm-/rns/director-pdmr-shareholding/202209160700046733Z/