|Bid||1,120.62 x 800|
|Ask||1,135.67 x 800|
|Day's range||1,090.12 - 1,130.70|
|52-week range||629.21 - 1,267.52|
|Beta (5Y monthly)||0.52|
|PE ratio (TTM)||4.95|
|Earnings date||06 May 2021 - 10 May 2021|
|Forward dividend & yield||1.00 (0.09%)|
|Ex-dividend date||12 Mar 2021|
|1y target est||N/A|
Build America Mutual, the only mutual, U.S. municipal-only bond insurer, today published its 2020 statutory financial results, reporting record par insured and total premiums. In addition to strong organic growth in capital during 2020, BAM completed a $150 million, fully collateralized reinsurance agreement with Fidus Re Ltd in the first quarter of 2021 that expands its claims-paying resources to more than $1.1 billion.
One company has returned almost 29,000% since 1975, while the other two have quintupled the S&P; 500's gains over the past 20 years.
S&P Global Ratings announced that it has affirmed Build America Mutual’s AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.