Ambac Financial Group, Inc. (AMBC)
Ambac Financial Group, Inc. (AMBC) is a financial services company specializing in providing financial guarantee insurance and related risk management solutions. The firm primarily focuses on insuring complex public finance and structured finance assets, supporting the stability and liquidity of various financial markets. Ambac's offerings help facilitate municipal, healthcare, education, and other public sector projects by offering credit enhancement and financial risk mitigation.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 3, 2008 | $0.01 | 2008-11-06 | 2008-11-10 |
| September 3, 2008 | $0.01 | 2008-08-07 | 2008-08-11 |
| June 4, 2008 | $0.01 | 2008-05-16 | 2008-05-20 |
| March 5, 2008 | $0.07 | 2008-02-07 | 2008-02-11 |
| December 5, 2007 | $0.21 | 2007-11-07 | 2007-11-12 |
Dividends Summary
- Ambac Financial Group, Inc. has issued 20 dividend payments over the past 4 years
- The most recent dividend was paid 6167 days ago, on December 3, 2008
- The highest dividend payed out to investors during this period was $0.21 per share
- The average dividend paid during this period was $0.13 per share.
Company News
Ambac Financial Group announced its acquisition of ArmadaCare, a supplemental health insurance program manager, for $250 million. The strategic move aims to diversify Ambac's distribution business and strengthen its specialty insurance platform.
SCR Partners, a strategic advisory firm, has appointed Lisa Kampf as Senior Vice President to strengthen its financial and strategic communications services. Kampf brings over 20 years of experience in investor relations, finance, and capital markets.
Aegon (AEG) has a new repurchase program of EUR 200 million, which was expected to start from this month and complete by 2024-end.
AMBC earnings call for the period ending September 30, 2021.