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.
Final dividend
Paragon Banking Group PLC announced that it would pay a final dividend of 14.4p per share at its full year results on 3 December 2020. This was approved by shareholders at the Annual General Meeting on 24 February 2021.
| Ex-dividend date |
28 January 2021 |
| Record date |
29 January 2021 |
| Payment date |
26 February 2021 |
Interim dividend
As announced 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. A copy of this announcement can be found here.
Historic dividends
The historic dividend values and payments from 2007 are set out below.