Assured Guaranty: Dividend Insights
Portfolio Pulse from Benzinga Insights
Assured Guaranty (NYSE:AGO) announced a quarterly dividend of 31 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning AGO by the end of Monday are eligible for the dividend, payable on March 20, 2024. The stock is expected to open 31 cents lower on the ex-dividend date.
February 29, 2024 | 2:45 pm
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Assured Guaranty announced a quarterly dividend of 31 cents per share, with the ex-dividend date on Tuesday. The stock is expected to open 31 cents lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, AGO is expected to open 31 cents lower, directly correlating with the dividend amount.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100