Paragon Banking Group PLC (LON:PAG) Declares Dividend of GBX 11

Paragon Banking Group PLC (LON:PAG) announced a dividend on Thursday, November 23rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 4th will be paid a dividend of GBX 11 ($0.15) per share on Monday, February 19th. This represents a dividend yield of 2.37%. The ex-dividend date of this dividend is Thursday, January 4th. This is a positive change from Paragon Banking Group’s previous dividend of $4.70. The official announcement can be accessed at this link.

Shares of Paragon Banking Group (LON PAG) opened at GBX 512 ($6.94) on Friday. The company has a market capitalization of $1,350.00 and a P/E ratio of 1,219.05. Paragon Banking Group has a 52-week low of GBX 399 ($5.41) and a 52-week high of GBX 555.99 ($7.54).

In related news, insider Hugo Tudor sold 15,000 shares of the firm’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of GBX 511 ($6.93), for a total transaction of £76,650 ($103,946.30). Also, insider John Heron sold 69,525 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of GBX 478 ($6.48), for a total value of £332,329.50 ($450,677.38). Over the last quarter, insiders have sold 319,525 shares of company stock valued at $79,182,950.

A number of equities research analysts recently commented on the company. Liberum Capital reiterated a “buy” rating and issued a GBX 490 ($6.64) target price on shares of Paragon Banking Group in a research report on Friday. Shore Capital reaffirmed a “buy” rating on shares of Paragon Banking Group in a research note on Monday, December 11th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 415 ($5.63) target price on shares of Paragon Banking Group in a research note on Wednesday, November 29th. Numis Securities reaffirmed a “hold” rating and set a GBX 375 ($5.09) target price on shares of Paragon Banking Group in a research note on Thursday, November 23rd. Finally, Peel Hunt reissued an “add” rating and issued a GBX 510 ($6.92) price objective on shares of Paragon Banking Group in a research note on Thursday, November 23rd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 460.56 ($6.25).

TRADEMARK VIOLATION NOTICE: This news story was published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://www.thelincolnianonline.com/2018/01/14/paragon-banking-group-plc-pag-to-go-ex-dividend-on-january-4th-updated-updated.html.

Paragon Banking Group Company Profile

Paragon Banking Group PLC, formerly The Paragon Group of Companies PLC, is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios.

Dividend History for Paragon Banking Group (LON:PAG)

Receive News & Ratings for Paragon Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paragon Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply