UK Housebuilders Raise Dividends

Listed housebuilders Persimmon, Taylor Wimpey and Bovis are raising dividends for investors and announced special pay-outs

James Gard 2 March, 2018 | 7:11AM
Facebook Twitter LinkedIn

Persimmon Profits Close to One Billion Pounds

Two of Britain’s biggest housebuilders, Persimmon (PSN) and Taylor Wimpey (TW), released full-year results this week as dark clouds gather over Britain’s housing market. On the FTSE 250, Bovis (BVS) also reported annual results.

According to the Nationwide building society, UK house prices registered their first monthly fall in six months in February, following similarly negative data from Halifax. Estate agent Foxtons (FOXT) reflected the problems in London and the south-east with a 65% fall in yearly profits.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Barratt Developments PLC689.40 GBX0.91
Persimmon PLC2,692.00 GBX0.45
Taylor Wimpey PLC157.20 GBX1.22
Vistry Group PLC1,195.50 GBX0.97

About Author

James Gard  is content editor for Morningstar.co.uk