Assured Guaranty Ltd. Increases Quarterly Dividend to U.S. $0.035 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. $0.035 per common share, an increase of 17% from U.S. $0.03 per common share paid in the previous quarter. The dividend is payable on March 8, 2006 to shareholders of record at the close of business on February 16, 2006. Assured Guaranty Ltd. is a 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 can be found at http://www.assuredguaranty.com. |
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