Weekly Recap: Dividend target cut to 4% and bearish flag with 65p target

Taylor Wimpey plc (LSE:TW) cut its ordinary dividend target from 7.5% to 4% of net assets with a 2% minimum and will return excess capital via extra dividends or buybacks amid a UK housing downturn; shares also show a bearish flag at the 100-day EMA, support near 74p and a possible drop to ~65p if the pattern completes.

Previous Week Recap

• Taylor Wimpey plc Dividend Cut: Taylor Wimpey (TW) cut ordinary dividend target from 7.5% to 4% of net assets, set minimum 2% payout; excess capital to be returned via extra dividends or buybacks; cites UK housing downturn.
• Taylor Wimpey Bearish Pattern: Taylor Wimpey (TW) shows a bearish flag pattern, hitting resistance at the 100‑day EMA. Near-term support near 74p; extended downside target around 65p if pattern completes.

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