Paragon Banking Group PLC (LON:PAG) to Issue Dividend Increase – GBX 27.20 Per Share

Posted by Chris Copeland on Dec 3rd, 2024

Paragon Banking Group PLC (LON:PAG – Get Free Report) announced a dividend on Tuesday, December 3rd,Upcoming Dividends.Co.Uk reports. Investors of record on Wednesday, February 5th will be paid a dividend of GBX 27.20 ($0.34) per share on Friday, March 7th. This represents a yield of 3.64%. The ex-dividend date is Wednesday, February 5th. This is a boost from Paragon Banking Group’s previous dividend of $13.20. The official announcement can be seen at this link.

Paragon Banking Group Stock Performance

Shares of PAG stock traded up GBX 41 ($0.52) during trading hours on Tuesday, reaching GBX 788.50 ($9.98). 638,169 shares of the company’s stock were exchanged, compared to its average volume of 423,737. The company has a debt-to-equity ratio of 168.79, a current ratio of 1.21 and a quick ratio of 1.48. The company’s 50 day moving average is GBX 736.80 and its two-hundred day moving average is GBX 750.51. The company has a market cap of £1.60 billion, a P/E ratio of 1,194.70, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. Paragon Banking Group has a 1 year low of GBX 478.20 ($6.05) and a 1 year high of GBX 868 ($10.99).

Insider Buying and Selling at Paragon Banking Group

In related news, insider Nigel S. Terrington bought 3,248 shares of the stock in a transaction on Friday, September 27th. The shares were bought at an average cost of GBX 774 ($9.80) per share, for a total transaction of £25,139.52 ($31,818.15). 3.59% of the stock is owned by corporate insiders.

About Paragon Banking Group

(Get Free Report)

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.