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Persimmon raises dividend and predicts ’stable’ housing market

Posted on 24 August 2011

Persimmon, one of Britain’s largest housebuilders, has played down concerns that turmoil on global stock markets could lead to a new slump in the housing market by increasing its dividend 33pc and reporting a rise in sales over the summer.
The company said the UK housing market is set to remain “challenging” but also “stable” as it posted half-year results on Tuesday……………………………………….Full Article: Source


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