Persimmon Rewards Investors As Home Sales Rise Business

The group has confirmed that its yards and sales offices will continue to operate throughout the second lockdown, while adding a note of caution amid potential new measures to control the pandemic and economic uncertainty.

He declared another interim dividend payment to investors of 70 pence per share, in addition to the 40 pence per share paid in September.

Together, the payments replace the final divi of 110p per share for 2019 that was postponed at the start of the crisis.

Newly appointed Persimmon Managing Director Dean Finch, who assumed the role at the end of September, said: “Persimmon continues to perform robustly despite the significant challenges posed by the Covid-19 pandemic, and we are currently on track to produce a good result. for 2020. “

The group added, “We are well prepared for this second lockdown and continue to work with our subcontractors and our supply chain to maintain the group’s operations.

“We remain aware, however, of the potential for further disruption from additional government-mandated measures to control the pandemic and the impact of the lingering uncertainty on the UK economy.”

Shares fell 5.2% to £ 26.45.