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home / news releases / PSMMF - Persimmon: Double Digit Yield From British Housebuilder

PSMMF - Persimmon: Double Digit Yield From British Housebuilder

Persimmon PLC
  • Persimmon offers a 10.2% yield that is barely covered.
  • By seeing that as a combination of two smaller yields, as the company does, I feel less concerned about the thin coverage.
  • The shares have fallen and business results improved, so I now see Persimmon as a buy.
  • U.K. housing market pricing remains critical to the company sustaining its level of profitability.

For further details see:

Persimmon: Double Digit Yield From British Housebuilder
Stock Information
Company Name: Persimmon PLC
Stock Symbol: PSMMF
Market: OTC
Website: persimmonhomes.com/corporate
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