Paragon’s strong prognosis

Record earnings and a decent yield. What is not to like about Paragon Care?

Hospital equipment supplier Paragon Care (PGC) has struck the right note with investors with its record earnings announcement this morning.

Not only did it grow profit and sales, but it declared a maiden 1 cent a share fully franked dividend, which could translate to a gross up yield of close to 8% if it keeps paying at the same rate for 2013-14.

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