"The statement makes clear that it is aiming to step up volumes without increasing the scale of the land-bank, so changes are evolutionary and not revolutionary and management has admitted that even this degree of change will take some time to deliver, as the supply chain will need to be developed and internal efficiency improved," the broker added. Liberum thinks the consensus estimate for the 2019E dividend (ordinary and special) is likely to rise from 15.7p to 18.3p (up 17%). The broker is of the opinion that the shares were fairly valued but could rise with the increased dividend and return on net assets. Shares in Taylor Wimpey rose 2.3% to 199.5p in late morning trading.  adds broker comment