Paragon Group of Companies PLC (LON:PAG) declared a dividend on Wednesday, November 23rd. Shareholders of record on Thursday, January 5th will be given a dividend of GBX 9.20 ($0.11) per share on Monday, February 13th. This represents a yield of 2.48%. The ex-dividend date is Thursday, January 5th. This is a positive change from Paragon Group of Companies PLC’s previous dividend of $4.30. The official announcement can be accessed at this link.

Paragon Group of Companies PLC (LON:PAG) traded up 2.35% during trading on Wednesday, reaching GBX 370.50. 1,677,790 shares of the company’s stock traded hands. Paragon Group of Companies PLC has a 1-year low of GBX 225.10 and a 1-year high of GBX 398.70. The firm has a 50 day moving average of GBX 333.03 and a 200 day moving average of GBX 303.45. The firm’s market capitalization is GBX 1.05 billion.

Dividend History for Paragon Group of Companies PLC (LON:PAG)

PAG has been the subject of a number of research analyst reports. Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($6.25) price target on shares of Paragon Group of Companies PLC in a report on Monday, October 3rd. Royal Bank Of Canada increased their price target on shares of Paragon Group of Companies PLC from GBX 350 ($4.37) to GBX 370 ($4.62) and gave the company an “outperform” rating in a report on Friday, September 23rd. Shore Capital reiterated a “buy” rating on shares of Paragon Group of Companies PLC in a report on Tuesday, September 6th. Barclays PLC raised their target price on shares of Paragon Group of Companies PLC from GBX 275 ($3.44) to GBX 320 ($4.00) and gave the company an “equal weight” rating in a report on Tuesday, October 4th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 230 ($2.87) target price on shares of Paragon Group of Companies PLC in a report on Monday, August 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. Paragon Group of Companies PLC has a consensus rating of “Hold” and a consensus target price of GBX 348.44 ($4.35).

COPYRIGHT VIOLATION WARNING: “Paragon Group of Companies PLC (PAG) Plans Dividend of GBX 9.20” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright laws. The legal version of this report can be accessed at https://www.thecerbatgem.com/2016/11/23/paragon-group-of-companies-plc-pag-plans-dividend-of-gbx-9-20.html.

About Paragon Group of Companies PLC

The Paragon Group of Companies PLC is a United Kingdom-based specialist lender of buy-to-let mortgages to professional landlords and residential property investors, as well as an active acquirer of loan assets and portfolios, and a loan servicing provider for third party clients. The Company operates in three business segments: Paragon Mortgages, Idem Capital and Paragon Bank.

Receive News & Stock Ratings for Paragon Group of Companies PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paragon Group of Companies PLC and related stocks with our FREE daily email newsletter.