Assured Guaranty Ltd. Declares Quarterly Dividend of U.S. $0.045 Per Common Share.HAMILTON, Bermuda -- Assured Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. Ltd. (NYSE NYSE See: New York Stock Exchange :AGO) today declared a quarterly dividend of U.S. $0.045 per common share. The dividend is payable on September 8, 2008 to shareholders of record at the close of business on August 22, 2008. Assured Guaranty Ltd. is a publicly-traded Bermuda-based holding company. Its operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. provide credit enhancement Credit Enhancement A method whereby a company attempts to improve its debt or credit worthiness. Notes: Credit enhancements take many different forms. An example of a credit enhancement would be conversion rights added on to a debt instrument in order to lower the issuing products to the U.S. and international public finance, structured finance and mortgage markets. More information on the Company and its subsidiaries can be found at www.assuredguaranty.com. |
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