The Board declared an interim dividend of 20p per share, which was paid on 7 November 2025, to shareholders on the register on 17 October 2025.

Dividends declared/paid

Capital Allocation Policy

The Board recognises the importance of sustainable dividends for shareholders and will continue to prioritise value creation from a strong return on capital. Following a review and reflecting the increased uncertainty in the political and macro-economic environment, alongside increased corporation tax and the residential property developer tax, on 8 November 2022 the Board announced that it had decided to conclude the previous capital return programme, which was introduced in 2012. The Board has instead implemented a new Capital Allocation Policy.

The Capital Allocation Policy has the following key principles:

• Invest in the long-term performance of Persimmon by ensuring the business retains sufficient capital to continue our disciplined and appropriately timed approach to land acquisition.
• Operate prudently, with low balance sheet risk, and a continued focus on achieving a superior return on capital.
• Ordinary dividends will be set at a level that is well covered by post-tax profits, thereby balancing capital retained for investment in the business with those dividends.
• Any excess capital will be distributed to shareholders from time to time, through a share buyback or special dividend.

Details of returns previously paid to shareholders under the now concluded capital return programme can be found below.