5 High-Yield UK Dividend Stocks to Buy Now

2. Persimmon Plc (LSE:PSN.L)

Dividend Yield as of May 11: 11.44%   

Persimmon Plc (LSE:PSN.L) operates as a house builder. It has three distinct divisions under which it carries on day-to-day operations. These include family housing, executive housing, and social housing plans. These are all marketed under different brand names like Persimmon Homes, Charles Church, and Westbury Partnerships. The firm employs more than 5,000 people and has been in the house building business since the early 1970s. It has a market cap of close to $8 billion. 

On April 28, JPMorgan analyst Rajesh Patki kept an Overweight rating on Persimmon Plc (LSE:PSN.L) stock and raised the price target to GBP 3,110 from GBP 2,830. Other investment advisors like Berenberg and Morgan Stanley are also bullish on the stock.