In line with the Board’s policy, dividends are paid twice a year and include an interim and a final dividend. The amount of any dividend, together with the payment date, are announced with the half year and full year. Paragon Banking Group PLC does not currently offer a facility to receive dividends in shares.

Payment dates

The interim dividend is normally paid around end July/early August, while any final dividend is paid after approval at the Annual General Meeting, normally held in February.

Covid-19

On 14 April 2020, recognising the exceptionally uncertain operating environment as a result of Covid-19 and Paragon’s role in supporting its customers, UK businesses and consumers during this period, the Board decided not to declare an interim dividend with its half year results.

The Board recognises the significance of dividends to its shareholders and will consider an appropriate dividend for the year as a whole with its full year results in December, when more will be known about the extent of this crisis

Historic dividends

The historic dividend values and payments from 2007 are set out below.