Assured Guaranty Ltd. (NYSE:AGO) announced a quarterly dividend on Wednesday, November 1st, NASDAQ reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.142 per share by the financial services provider on Wednesday, November 29th. This represents a $0.57 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Tuesday, November 14th.

Assured Guaranty has increased its dividend payment by an average of 9.1% per year over the last three years and has increased its dividend every year for the last 5 years.

Assured Guaranty (NYSE:AGO) last released its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.16 EPS for the quarter, topping the consensus estimate of $0.72 by $0.44. The business had revenue of $308.00 million during the quarter, compared to analyst estimates of $288.15 million. Assured Guaranty had a net margin of 61.25% and a return on equity of 16.00%. The company’s quarterly revenue was down 22.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.03 earnings per share.

Several equities analysts have recently commented on the stock. BidaskClub lowered shares of Assured Guaranty from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. BTIG Research restated a “buy” rating and set a $49.00 price target on shares of Assured Guaranty in a research report on Friday, July 14th. UBS AG reaffirmed a “buy” rating and issued a $47.00 price objective (down previously from $49.00) on shares of Assured Guaranty in a report on Wednesday, October 4th. Finally, MKM Partners reaffirmed a “buy” rating on shares of Assured Guaranty in a report on Thursday, October 5th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $47.00.

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About Assured Guaranty

Assured Guaranty Ltd. is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.

Dividend History for Assured Guaranty (NYSE:AGO)

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