Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Assured Guaranty Declares Dividend, Restores Buyback Program

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Assured Guaranty (NYSE: AGO  ) is attempting two well-tried moves to keep shareholders happy. The first is a quarterly dividend distribution amounting to $0.10 per share of its stock, to be handed out on June 5 to shareholders of record as of May 22. That amount matches Assured Guaranty's previous disbursement, which was paid in March.

The dividend annualizes to $0.40 per share, yielding 1.7% at the firm's current stock price of $23.20.

The second move is the restoration of Assured Guaranty's share repurchase program. This has been reset at the previous level of $200 million. The company had set that figure in mid-January and has been buying stock since then.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2419178, ~/Articles/ArticleHandler.aspx, 9/29/2016 3:06:48 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,208.07 -131.17 -0.72%
S&P 500 2,158.50 -12.87 -0.59%
NASD 5,286.71 -31.83 -0.60%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 2:50 PM
AGO $27.60 Up +0.56 +2.07%
Assured Guaranty CAPS Rating: **