Persimmon Plc (PSN) To Go Ex-Dividend on June 20th

Persimmon Plc (LON:PSN) announced a dividend on Tuesday, March 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 20th will be paid a dividend of GBX 40 ($0.51) per share on Friday, July 12th. This represents a yield of 2.91%. The ex-dividend date of this dividend is Thursday, June 20th. This is a positive change from Persimmon’s previous dividend of $20.00. The official announcement can be accessed at this link.

Persimmon Price Performance

PSN opened at GBX 1,433 ($18.21) on Tuesday. The business has a fifty day moving average of GBX 1,389.74 and a 200 day moving average of GBX 1,378.46. Persimmon has a 52-week low of GBX 925 ($11.75) and a 52-week high of GBX 1,506 ($19.14). The company has a quick ratio of 1.04, a current ratio of 4.54 and a debt-to-equity ratio of 0.38. The stock has a market cap of £4.58 billion, a P/E ratio of 1,800.00, a PEG ratio of -1.74 and a beta of 1.34.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Persimmon in a research report on Friday, May 3rd.

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.