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Assured Guaranty Ltd. Raises Quarterly Dividend by 12% to $0.28 per Common Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
dividends
Rhea-AI Summary
Assured Guaranty Ltd. (NYSE:AGO) has announced a quarterly dividend of $0.28 per common share, marking a 12% increase from the $0.25 dividend declared on November 2, 2022. This increase marks the twelfth consecutive year of dividend growth for the company.
The dividend is scheduled to be paid on March 22, 2023 to shareholders recorded by March 8, 2023. Assured Guaranty Ltd. provides credit enhancement products across U.S. and international markets, alongside asset management services.
Positive
Dividend increased by 12% to $0.28 per share, demonstrating strong shareholder returns.
Continued commitment to increasing dividends for 12 consecutive years evidences financial stability.
Negative
None.
Dividend Increased for Twelfth Consecutive Year
HAMILTON, Bermuda--(BUSINESS WIRE)--
Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.28 per common share, an increase of 12% from the quarterly dividend of $0.25per common share that was declared on November 2, 2022.
The dividend is payable on March 22, 2023 to shareholders of record at the close of business on March 8, 2023.
Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets and also provides asset management services. More information on Assured Guaranty Ltd. and its subsidiaries can be found at AssuredGuaranty.com.