The new payout brings the annualized dividend to $1.52, representing a yield of approximately 1.75% based on the company’s closing stock price of $86.73 on Thursday. This is an increase from the previous yield of 1.57%, reflecting the board's commitment to returning value to shareholders.

Details of the Distribution

Headquartered in Hamilton, Bermuda, Assured Guaranty specializes in credit-protection products, including municipal bond insurance and structured finance guarantees. The company confirmed that the increased dividend will be distributed on March 20 to shareholders of record as of the close of business on March 6.

The dividend hike follows a period of steady performance for the insurer. By raising its distribution, the company joins a cohort of financial services firms leveraging strong balance sheets to maintain investor interest through direct payouts.