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Persimmon PLC is known by the ticker symbol PSMMF and is a member of the consumer cyclical business sector as a large-cap residential construction enterprise. This is my first ever report on Persimmon PLC for this Vista portfolio or any of my previous five portfolios

Persimmon PLC is a British construction company that focuses on residential projects. One of the largest homebuilders in the United Kingdom, Persimmon focuses on traditional single-family homes, with up to 90% of its home sales in this market. 

The company mainly builds lower-priced residential homes, with around half of its constructed homes selling for under EUR 200,000. It also participates in strategic land purchases around the United Kingdom for future housing development. The company annually completes over 10,000 homes.

The company offers family housing under the Persimmon Homes brand name; executive housing under the Charles Church brand; and social housing under the Westbury Partnerships brand name. It also provides broadband services. 

The company was founded in 1972 and is headquartered in York, the United Kingdom.

Three key data points gauge dividend equities or funds like Persimmon PLC:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

PSMMF Price

Persimmon PLC's price per share was $41.99 as of yesterday's market close. One year ago its price was $28.76. So PSMMF price has gained over 46% in the past year. 

If PSMMF's stock trades in the range of $30 to $48.00 this next year, its recent $41.99 price might rise by $3.41 to reach $45.40 by July 9, 2022. My estimate is about $0.03 lower than the average of PSMMF annual price gains for the past ten years.

PSMMF Dividends

Persimmon PLC's most recent regular quarterly dividend payout of $1.74 was paid March 26, 2021, and added to previous variable quarterly dividends equal $3.34 annually to yield 7.96% annually based on yesterday's $41.99 closing price. PSMMF has paid variable semi-annual and quarterly dividends increasing annually for 5 years.

PSMMF Returns

Adding the $3.34 annual PSMMF forward-looking dividend to my $3.41 price upside estimate shows a $6.75 potential gross gain, per share, to be reduced by any costs to trade Persimmon PLC shares.  

At yesterday's $41.99 price per share, a little over $1000 would buy 24 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.42 per share.

Subtract that maybe $0.42 brokerage cost from my estimated $6.75 gross gain per share results in a net gain of $6.33 X 24 shares = $151.92 for a 15.15% net gain on a $1,007.76 investment.

So it is that Persimmon PLC  shows a possible 15.15% net gain including a 7.96% forward estimated dividend yield. 

Over the next year, at this time a $1000 investment in PSMMF could generate $79.60 in cash dividends. And a single share bought at yesterday's closing price was $41.99! Thus, Persimmon PLC's share price is about 47% less than the dividend income from $1K invested. So, according to the dividend dogcatcher ideal, this is the prime time to pick up PSMMF because the dividend from $1k invested exceeds the single share price by over 47%. Consider yourself alerted.

All of the estimates above are speculation based on the past history of Persimmon PLC. Only time and money invested in this stock will determine its true worth.