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DC. Currys plc

135.30
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Currys plc DC. London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 135.30 01:00:00
Open Price Low Price High Price Close Price Previous Close
135.30 135.30
more quote information »

Currys DC. Dividends History

No dividends issued between 23 Apr 2014 and 23 Apr 2024

Top Dividend Posts

Top Posts
Posted at 04/9/2021 12:35 by essentialinvestor
Yes Fair enough, it was raised as a comparison so just giving a view.


I like DC, but would like it a lot more if they were not having to pay approx

£80 million a year to plug the pension deficit. No more KGF comment here from me.
Posted at 04/9/2021 11:41 by essentialinvestor
net, profitability of the 2 companies are completely different, KGF is

at consensus £900 million on pre tax this year.


DC is an interesting company, but their annual pension contributions are extraordinarily high as a % of pre tax profit.
Posted at 25/8/2021 21:38 by danb45
buy kingfisher then, why post on DC board ?
Posted at 10/8/2021 14:11 by sphere25
Interesting juncture for DC. with the price currently at 138.8p and testing key resistance on the chart, where it has failed a few times before.

It is doing a very turtle like move in an uptrend which could be bullish (slow and boring can be best), but volumes are light too so the price could bounce back off resistance if a big seller .....pushes a button from a yacht somewhere.

Nibbled a few to try and play the breakout. Stop at just under 135p.

DC. is far more liquid (very easy to nip in and out of) than alot of the other companies mentioned and the spread is tight too so also more conducive to trading.

Will the algo's push it through to keep the uptrend firm and a profit or will it be a fail and fall back under the stop?

All imo
DYOR
Posted at 30/6/2021 20:48 by bc4
Dixons Carphone PLC Dividend Declaration
30/06/2021 5:06pm
Wednesday 30 June 2021
Dixons Carphone plc
Dividend Declaration

The Board has proposed a dividend for the full year of 3.00p per ordinary share for the financial year ended 1 May 2021.

The final dividend is subject to shareholder approval at the Company's Annual General Meeting to be held on 15 September 2021. The ex-dividend date is 19 August 2021, with a record date of 20 August 2021 and an intended final dividend payment date of 24 September 2021.
Posted at 30/6/2021 12:10 by hades1
Shares Magazine - just out

Dixons Carphone restarts dividends after sustaining strong trading
30 June 2021, 10:38
Technology products retailer Dixons Carphone (DC.) is restarting dividends after delivering better-than-expected annual profits as an online sales surge offset lost revenues from Covid-enforced store closures.
Chief executive Alex Baldock insisted the start of the current financial year has seen ‘continued strong trading in all our markets’ and is ‘more confident than ever in our prospects’.
Given this bullish outlook, Dixons Carphone reinstated the shareholder reward by proposing a full year dividend of 3p, though the shares were 0.7% lower at 122p by mid-morning.

EARNINGS SPARK

For the year ended 1 May 2021, the Currys PC World-to-Carphone Warehouse brands owner’s adjusted pre-tax profit grew 34% to £156 million, ahead of previous guidance of £150 million, driven by a very strong last couple of weeks to the year.
While mobile sales declined due to both planned and enforced Carphone Warehouse store closures, like-for-like electricals sales sparked up 14% despite pandemic-enforced stores in the UK, Ireland, Norway, Denmark and Greece.
Online electricals sales grew 103% to £4.7 billion last year, highlighting the group’s strengthening omni-channel position and market share gains.
The news on current trading is also encouraging, with UK & Ireland electricals in growth year-on-year and international sales trending positively.
And Dixons Carphone sees evidence that its markets will be ‘structurally larger post-pandemic, and that not all last year’s growth was pulled forward’.

POSSIBLE TAKEOVER TARGET?

Russ Mould, investment director at AJ Bell, said the soon-to-be Currys PLC has developed a reputation ‘for having stores that act as a place not only to showcase products but also to help customers struggling with electrical device problems. This personal touch has been crucial to helping Dixons compete against the likes of Amazon.’
He also believes that the work Baldock has done to reshape Dixons won’t go unnoticed in the private equity world.
‘Dixons could easily be a takeover target given it has a net cash position, it is generating lots of free cash flow, it boasts a strong brand in Curry’s, and strategically it has already done a lot of hard work to fix the problems of the past.
‘A private equity buyer could find ways to accelerate growth and push the Currys brand even harder.’

THE LIBERUM VIEW

Liberum Capital reiterated its ‘buy’ rating and 175p price target, arguing the results give ‘further reasons to be positive on Dixons Carphone’s outlook and the ongoing progress under its transformation plan.
‘Current trading remains strong with electricals in growth year-on-year across all territories. There are two upgrades to guidance with management now expecting a stable net cash position in full year 2022 year on year and a 3p dividend will be reintroduced.
‘Dixons Carphone’s enduring strong performance throughout the pandemic reflects the resilience of its market-leading electricals offer, and particularly the strength of its online proposition, which we think has surprised the market. With the UK & Ireland mobile turnaround on track and medium-term guidance reiterated the shares continue to look too cheap to us.’
Posted at 30/6/2021 08:26 by jondev
Good news about the dividend restarting. Results are looking good I think from the initial read through
Posted at 25/2/2021 08:55 by tim 3
Well done that chart certainly looks more bullish now and with people not spending on holidays and going out there seems to be a boom in anything to to with home improvement which is benefiting DC.

Had some work done recently and all tradesman said they have never been as busy.
Posted at 21/1/2021 20:07 by csmwssk12hu
The economics of DC is simple, if the housing market is ok DC will be ok, new house and house moves equal new TVs washers dryers dishwashers sofas beds carpets, stuck in your house equals more TVs laptops pcs, people by phones for necessity and to keep up with others, right now you are not meeting up with others so have delayed phone purchases, when lockdowns end phone sales will surge, house sales will continue to do well, DC will do very well, as for profitability at present, it’s a lot cheaper to sell a click and collect than paying staff to spend an hour explaining the difference between one TVs and another and demonstrating it, as for accessories the website prompts you to buy accessories with your product which I would be more inclined to buy than in person in a store who most of the time wouldn’t bother offering it anyway. When lockdowns are over people will flock to retail stores just like they are going to flock to the beaches because that’s what they like doing.
Posted at 18/12/2020 18:41 by rightcoverage_martyn
I've provided some (balanced) detailed analysis below which I hope will be of interest. This is my view as a shareholder AND working with DC over the last 12 months to transition an acquisition into them. I have been in Telco / Digital for over 2 decades and I now run checker.rightcoverage.co.uk

1.Digital channels. The current Carphone Warehouse and Currys/PC World websites are messy compared to rivals and the ordering processes don't meet the expectations of UK Consumers. Have a look at AO.com and compare for yourself. There are plans to merge systems and improve the digital experiences for Consumers but IMO, this will take DC over 12 months from now.
2. COVID performance. All digital retailers have done well during COVID. Anyone with a half decent range of stock and a website has made money. It looks like regional lockdowns will continue in 2021 which could be good news for DC stock and others in this space.
3. DC customer ratings are terrible compared to competitors and as others have stated, there are a HUGE number of customers awaiting refunds. Many of those customers will never buy from DC again - not good.
4. The Mobile Business (the ex Carphone Warehouse part) is not in good shape. There is now a smaller choice of networks and a smaller choice of deals and value. It's no longer possible for DC to give 'simple, impartial advice' which was really their USP in this space. There is a mobile transformation programme in place designed to deliver 'new and improved' offers but this really won't make up for the lack of choice and there is no unique VP to fight against the likes of Sky Mobile.
5. IMO, DC don't have the 'right' leaders in the right places. The attitude of DC is still of that of a 'market dominator' and this reflects on the way DC treats suppliers and partners. DC are no longer a 'market dominator'. They need to change their outlook and get true leaders in place to deliver 'true' change and fix the broken parts - QUICKLY.
6. The future for any retailer is not great. Yes, UK Consumers do like click and collect but only if they were making that journey anyway. More and more sales will move to the Amazon model (easy to buy, quick delivery) and DC are some way from getting to that stage.

Overall, the DC brand is strong BUT there is a lot of work to do - all of which takes tie whilst competitors are just getting stronger and stronger.

I WANT my shares to get back to £4+ - but I don't think they will.

This is me on LinkedIn if you want to connect. hxxps://www.linkedin.com/in/martynmvnoman/

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