Persimmon Plc (OTCMKTS:PSMMY) Raises Dividend to $1.00 Per Share

Persimmon Plc (OTCMKTS:PSMMYGet Free Report) announced a dividend on Tuesday, June 17th, investing.com reports. Shareholders of record on Monday, June 23rd will be paid a dividend of 0.9997 per share on Monday, July 28th. This represents a yield of 3.94%. The ex-dividend date is Friday, June 20th. This is a 107.0% increase from Persimmon’s previous dividend of $0.48.

Persimmon Trading Down 0.8%

Shares of Persimmon stock opened at $37.21 on Tuesday. The company’s 50-day moving average price is $34.90 and its two-hundred day moving average price is $32.04. Persimmon has a 52 week low of $25.47 and a 52 week high of $45.60.

Analysts Set New Price Targets

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Persimmon in a research report on Tuesday, May 6th.

Check Out Our Latest Stock Report on Persimmon

About Persimmon

(Get Free Report)

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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Dividend History for Persimmon (OTCMKTS:PSMMY)

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