Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 79,037 shares were traded during trading, an increase of 236% from the previous session’s volume of 23,503 shares.The stock last traded at $36.71 and had previously closed at $36.69.
Analyst Ratings Changes
Separately, Morgan Stanley reissued an “overweight” rating on shares of Persimmon in a report on Tuesday, May 6th.
Read Our Latest Stock Report on PSMMY
Persimmon Stock Up 0.9%
Persimmon Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, July 28th. Shareholders of record on Monday, June 23rd will be given a $0.9997 dividend. This represents a dividend yield of 3.94%. The ex-dividend date of this dividend is Friday, June 20th. This is a positive change from Persimmon’s previous dividend of $0.48.
About Persimmon
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.
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