Persimmon Plc (OTCMKTS:PSMMY) Announces Dividend of $1.00

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

Persimmon Trading Down 1.4%

PSMMY traded down $0.50 on Friday, hitting $36.06. 18,848 shares of the stock traded hands, compared to its average volume of 23,800. The business has a fifty day moving average price of $35.30 and a two-hundred day moving average price of $32.14. 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 restated an "overweight" rating on shares of Persimmon in a research report on Tuesday, May 6th.

Persimmon Company Profile

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.