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As indicated at the release of Persimmon's final results on 3 March 2021, the Board intends to continue this pre-Covid profile of capital return payments in 2022, being distributions in relation to the financial year ending 31 December 2021. The payment of the regular annual distribution of capital of 125p per share will be paid in early July 2022 and any surplus capital in relation to the financial year ended 31 December 2021 will be paid in late March/early April 2022. The value of the surplus capital return, as always, will be subject to continual assessment by the Board in line with the Group's strategy
Try here?
https://www.hl.co.uk/shares/shares-search-results/p/persimmon-plc-ordinary-10p
Afternoon again, Strictly
Yes things can certainly change pretty quickly!
It certainly looks a lot more attractive here now
I’ve been having a bit of a look at what’s been happening over in NZ (REINZ) with reference to house price rises( far more rapid rise in 2020 than the uk) the subsequent fall and bounce back after the fall up to this point. Their interest rates seem to me to be four months in front of ours too? Base rate at 3.5% (thanks to 5 x 0.5% rises) where I expect ours to be going into the new year and up to the start of February.
It makes for an interesting read to how us humans react to these circumstances in the absence of the old crystal ball maybe? If your unaware?
FTB down 20%
House price drop up to -12.6% max. YOY September-8.1%
Largest % rise is in cash buyers. 18.3% drop in sales
Regards
Good morning Strictly
I was only thinking yesterday how quiet you’ve been lately.
I do hope your well
I have been waiting patiently to step into this sector,
In fact since PSN were priced at £22, Bdev at £5 and the oak at £23. May I believe it was. And now look where we are!
There is always one sentence of yours that always pops back into my mind. That sentence being..
evaporating £3 of share price in order to hand over £1 of book value to the shareholder…
Take care of yourself
Best regards
Afternoon Paddyboy
Got dragged away to watch a film last night!
Do you think the dividend will be cut to 65p for the whole year or the interim dividend and final divided will both be cut by 50% so paying around £1.20 for the full year?
TIA & have a good weekend
Good morning MrMath
That would be nice although I think we shall need to see index’s rise quite some to get near there
Tomorrow could be a potentially sticky day with the glutch of CPI data coming out? I do hope we don’t get another jolt like last Thursday!
Although that did give me the opportunity to double my holding here and bring my average down some 14.6p to a more respectable level around 1:30pm last Thursday
Have a good day
Afternoon Gary
From Bdev’s figures recently, their last three months private residential sales fell 33% from the same period last year. I would expect if you split that into two halves the latter half would have been where most of the damage was done?
With PSN’s pay out ratio being what it is and if the figures are similar then the div will have to alter. May not be a bad thing though over the longer term?
Regards