Persimmon Plc (LON:PSN – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,451.63 ($19.38) and traded as high as GBX 1,675 ($22.36). Persimmon shares last traded at GBX 1,669.50 ($22.28), with a volume of 606,678 shares.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Persimmon in a research report on Friday, July 5th.
Check Out Our Latest Analysis on PSN
Persimmon Stock Performance
Persimmon Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 17th will be paid a GBX 20 ($0.27) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 1.3%. Persimmon’s dividend payout ratio is 7,500.00%.
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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