Paragon re-enters buy-to-let market, posts profit rise

Paragon, the specialist lending company has seen pre-tax profits rise to £80.8m in the twelve months to the end of September, a gain of 12.5% on the prior year figure of £71.8m.

Paragon, the specialist lending company has seen pre-tax profits rise to £80.8m in the twelve months to the end of September, a gain of 12.5% on the prior year figure of £71.8m.

Final dividend was lifted to 2.65p from 2.40p, giving a full year dividend of 4p per share (2010 3.6p).

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