Paragon Banking Group PLC (PAG) to Issue Dividend of GBX 27.20 on March 7th

Paragon Banking Group PLC (LON:PAG) declared a dividend on Wednesday, December 3rd,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, February 6th will be given 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 Thursday, February 6th. This is a positive change from Paragon Banking Group’s previous dividend of $13.20. The official announcement can be accessed at this link.

Paragon Banking Group Trading Up 0.2 %

LON PAG opened at GBX 792 ($9.85) on Tuesday. Paragon Banking Group has a twelve month low of GBX 623.50 ($7.76) and a twelve month high of GBX 868 ($10.80). The company has a debt-to-equity ratio of 168.79, a quick ratio of 1.48 and a current ratio of 1.21. The stock has a market cap of £1.61 billion, a price-to-earnings ratio of 1,200.00, a PEG ratio of 0.50 and a beta of 1.52. The firm’s 50 day moving average price is GBX 749.09 and its two-hundred day moving average price is GBX 750.58.

Paragon Banking Group (LON:PAG) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 101.10 ($1.26) earnings per share for the quarter. Paragon Banking Group had a net margin of 42.60% and a return on equity of 14.43%. Equities analysts anticipate that Paragon Banking Group will post 104.0245566 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Paragon Banking Group in a research note on Wednesday, December 4th.

Insider Buying and Selling

In related news, insider Richard Woodman acquired 2,241 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were bought at an average price of GBX 730 ($9.08) per share, for a total transaction of £16,359.30 ($20,352.45). Also, insider Nigel S. Terrington acquired 26,962 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of GBX 790 ($9.83) per share, for a total transaction of £212,999.80 ($264,991.04). Insiders own 3.59% of the company’s stock.

About Paragon Banking Group

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.