Ambac Financial Group, Inc. Declares Quarterly Dividend
06 Mai 2008 - 11:01PM
Business Wire
Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced
that its Board of Directors declared a regular quarterly cash
dividend of $0.01 per share of common stock. The dividend is
payable on June 4, 2008 to stockholders of record on May 20, 2008.
Ambac Financial Group, Inc., headquartered in New York City, is a
holding company whose affiliates provide financial guarantees to
clients in both the public and private sectors around the world.
Ambac's principal operating subsidiary, Ambac Assurance
Corporation, a 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, Standard & Poor's and
Fitch all maintain a �negative outlook�. Ambac Financial Group,
Inc. common stock is listed on the New York Stock Exchange (ticker
symbol ABK).
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