Paragon Financial Solutions Announces Cash Dividend of $0.50 Per Share
The Board of Directors at Paragon Financial Solutions (OTC: PGNN) has declared a cash dividend of $0.50 per share on its common stock, payable to shareholders as of August 10, 2026, with payment scheduled for August 24, 2026. CEO Robert Shaw emphasized the company's strong financial foundation and growth strategy, noting that this decision reflects confidence in Paragon Bank’s performance. As of June 30, 2026, the company reported total assets of $907.8 million and net income of nearly $3.9 million. Paragon continues to expand into new markets with a focus on personalized banking services across multiple locations. The dividend announcement underscores its commitment to rewarding shareholders while maintaining strong capital ratios well above regulatory requirements.
Topics: dividends financial performance