Paragon Banking Group PLC (LON:PAG) declared a dividend on Wednesday, November 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, January 10th will be paid a dividend of GBX 13.90 ($0.18) per share on Monday, February 18th. This represents a dividend yield of 3.12%. The ex-dividend date of this dividend is Thursday, January 10th. This is a boost from Paragon Banking Group’s previous dividend of $5.50. The official announcement can be seen at this link.

LON:PAG traded up GBX 33.80 ($0.44) during trading hours on Wednesday, hitting GBX 445.20 ($5.82). 795,554 shares of the stock were exchanged, compared to its average volume of 729,645. Paragon Banking Group has a 52-week low of GBX 400.30 ($5.23) and a 52-week high of GBX 555.99 ($7.26).

Paragon Banking Group (LON:PAG) last posted its quarterly earnings data on Wednesday, November 21st. The company reported GBX 48.20 ($0.63) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 46 ($0.60) by GBX 2.20 ($0.03).

PAG has been the subject of several research reports. Peel Hunt reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Tuesday, September 18th. Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Tuesday, September 18th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 641 ($8.38) price objective on shares of Paragon Banking Group in a research note on Tuesday, September 18th. Finally, Royal Bank of Canada lowered Paragon Banking Group to a “sector performer” rating and boosted their price objective for the stock from GBX 370 ($4.83) to GBX 500 ($6.53) in a research note on Friday, September 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. Paragon Banking Group presently has a consensus rating of “Buy” and a consensus price target of GBX 534.60 ($6.99).

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Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial services in the United Kingdom. The company operates through three segments: Mortgages, Commercial Lending, and Idem Capital. The Mortgages segment offers buy-to-let first charge, and owner-occupied first and second charge mortgages on residential property.

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Dividend History for Paragon Banking Group (LON:PAG)

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