LSE:PSN (Persimmon Plc)
About PSN
Persimmon Plc is the UK's second-largest residential property developer by the number of home completions. The company was founded in 1972 and named after a Derby-winning horse in the 19th century.
It operates under three primary brands, namely Persimmon Homes, Charles Church, and Westbury Partnerships. Rather than targeting the high-end luxury housing market, Persimmon caters to the lower-priced segment of the new build market. As such, most of its customers are typically first-time homebuyers.
Beyond home construction, the group also operates three off-site manufacturing facilities making it a vertically integrated business. Its subsidiaries, Tileworks, Brickworks, FibreNest, and Space4, manufacture and supply all the construction materials needed for its properties.
Frequently Asked Questions
-
Investing in homebuilder shares has long been a popular method to tap into the real estate market. And with housing demand in the United Kingdom continuing to rise, many investors have seen impressive capital gains as well as dividends.
However, it’s important to remember that cash flow is ultimately tied to the state of the housing market, which has a reputation for being cyclical. When another slowdown occurs, the impressive returns seen to date by the PSN share price could become compromised.
-
Yes. Persimmon shares pay a cash dividend at an average 101% payout ratio. Dividends were temporarily delayed in early 2020 but were resumed before the end of the year.
-
Persimmon shares pay out a dividend twice a year, in March and June.
-
Persimmon shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.
Persimmon Plc (LSE: PSN) Latest News
Investing Articles
Down 50% but recovering fast: is this 4.3%-yielding UK stock a once-in-a-decade opportunity?
Investing Articles
FTSE 100: could the boring become fashionable?
Investing Articles
How much do you need in an ISA to aim for a second income of £11,341?
Investing Articles
Here’s how investors could aim for £9,039 in annual dividends from £20,000 in this FTSE 100 income share
Growth Shares
2 growth shares that I think are very exposed to a 2026 stock market crash
Investing Articles
I asked ChatGPT for an 8%-yielding passive income portfolio of dividend shares and it said…
Investing Articles
Will a Bank of England interest rate cut light a rocket under this forgotten UK income stock?
Investing Articles
Could these 3 holdings in my Stocks and Shares ISA really increase in value by 25% in 2026?
Investing Articles
Thank goodness I didn’t invest in these 3 UK shares 5 years ago!
Market Movers
1 winner and 1 loser in the FTSE 100 from the Autumn Budget
Investing Articles
Could this FTSE 100 stock be a major winner from the Autumn 2025 Budget?