Assured Guaranty Ltd. (AGO) to Distribute Quarterly Dividend of $0.38 on September 3rd

Assured Guaranty Ltd. (NYSE:AGO) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Thursday, August 20th will be given a dividend of 0.38 per share by the financial services provider on Thursday, September 3rd. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 20th.

Assured Guaranty has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 7 consecutive years. Assured Guaranty has a dividend payout ratio of 21.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Assured Guaranty to earn $6.23 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 24.4%.

Assured Guaranty Trading Down 8.7%

Shares of AGO opened at $75.42 on Friday. The stock’s fifty day simple moving average is $80.36 and its 200 day simple moving average is $81.90. Assured Guaranty has a twelve month low of $72.76 and a twelve month high of $92.39. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $3.33 billion, a P/E ratio of 10.06 and a beta of 0.75.

Assured Guaranty (NYSE:AGO) last issued its earnings results on Tuesday, June 30th. The financial services provider reported $1.23 EPS for the quarter. The business had revenue of $195.00 million for the quarter. Assured Guaranty had a net margin of 37.34% and a return on equity of 7.07%. On average, equities research analysts forecast that Assured Guaranty will post 7.08 earnings per share for the current year.

Key Headlines Impacting Assured Guaranty

Here are the key news stories impacting Assured Guaranty this week:

• Positive Sentiment: Assured Guaranty declared a quarterly dividend of $0.38 per share, payable September 3 to shareholders of record August 20. The dividend represents an annualized yield of approximately 1.8%, providing ongoing shareholder income. Assured Guaranty dividend announcement
• Neutral Sentiment: The company posted updated investor materials and disclosures on August 7. No specific financial change or new guidance was identified in the announcement, so the immediate stock impact appears limited. Updated investor materials and disclosures
• Negative Sentiment: Second-quarter earnings were $1.23 per share, below consensus estimates ranging from $1.51 to $1.66. Although EPS increased from $1.01 a year earlier, the earnings miss is likely weighing on investor sentiment. Assured Guaranty Q2 earnings miss
• Negative Sentiment: Quarterly revenue was $195 million, below the approximately $205 million consensus estimate and down 30.6% year over year. The revenue shortfall, combined with the EPS miss, is the primary catalyst behind the stock’s decline. Assured Guaranty Q2 earnings snapshot Assured Guaranty revenue estimate miss

About Assured Guaranty

Assured Guaranty Ltd is a Bermuda-domiciled provider of financial guaranty insurance and reinsurance products serving public finance, infrastructure and structured finance markets. The company’s primary business activity is credit enhancement, whereby it guarantees the timely payment of principal and interest on debt obligations issued by municipal and infrastructure entities. By combining rigorous risk assessment with active portfolio management, Assured Guaranty helps issuers access capital at more attractive rates while protecting investors against credit events.

In its public finance segment, the company underwrites municipal bond insurance for state and local governments, public-private partnerships and essential infrastructure projects.