Ambac Financial Group, Inc. Declares Quarterly Dividend
29 Janvier 2008 - 11:26PM
Business Wire
Ambac Financial Group, Inc. (NYSE:ABK) today announced that its
Board of Directors declared a regular quarterly cash dividend of
$0.07 per share of common stock. The dividend is payable on March
5, 2008 to stockholders of record on February 11, 2008. Ambac
Financial Group, Inc., headquartered in New York City, is a holding
company whose affiliates provide financial guarantees and financial
services to clients in both the public and private sectors around
the world. Ambac�s principal operating subsidiary, Ambac Assurance
Corporation, a leading guarantor of public finance and structured
finance obligations, has earned triple-A ratings from Moody�s
Investors Service, Inc. and Standard & Poor�s Ratings Services;
and a double-A rating from Fitch, Inc. Moody�s has placed Ambac�s
triple-A rating on review for possible downgrade. Standard &
Poor�s has placed Ambac�s triple-A rating on �credit watch
negative.� Fitch has placed Ambac's double-A rating on �rating
watch negative.� Ambac Financial Group, Inc. common stock is listed
on the New York Stock Exchange (ticker symbol ABK).
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