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Oaknorth, the challenger bank, rewards shareholders with first-ever dividend

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August 13, 2024
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Oaknorth, one of Britain’s top challenger banks, has announced its first-ever dividend payout after reporting a significant profit in its previous financial year. According to sources, the bank’s shareholders were notified last week that a special dividend of approximately $40 million (£31.2 million) will be distributed. The bank, chaired by former City watchdog chairman Lord Turner…

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