Atlanticus Announces Dividend for Preferred Stockholders
Atlanticus Holdings Corporation Announces Preferred Stock Dividend
ATLANTA — Atlanticus Holdings Corporation (NASDAQ: ATLC), a leading financial technology firm, has recently shared exciting news regarding its preferred shareholders. The company's Board of Directors has officially approved a quarterly dividend that stands at $0.476563 per share for individuals holding Series B Cumulative Perpetual Preferred Stock. This payment is scheduled to be distributed on or about September 15 for those on record as of September 1.
Understanding the Preferred Stock Dividend
Preferred stock dividends are vital as they provide a consistent income stream for investors who hold preferred shares. Unlike common stockholders who may receive dividends at the discretion of the company, preferred shareholders are typically entitled to fixed dividends. This new dividend reflects Atlanticus' commitment to rewarding its investors while continuing to grow its business.
The Role of Atlanticus Holdings
Atlanticus is at the forefront of financial technology, catering to a diverse customer base that spans banks, retail, and healthcare sectors. The firm's technology enables these partners to deliver more inclusive financial services, making it easier for everyday Americans to access essential funding. With a rich history of over 25 years, Atlanticus has successfully serviced more than 20 million customers and originated over $44 billion in consumer loans.
The Future of Atlanticus and Its Partners
In today's competitive financial landscape, Atlanticus stands out for its innovative application of proprietary analytics, which helps drive better financial outcomes for its clients. By focusing on enhancing customer experience and constantly adapting to the market's needs, the company aims to foster long-lasting relationships with its partners in the banking, retail, and healthcare industries.
Key Financial Products Offered
Atlanticus provides a wide range of financial products tailored to meet the individual needs of its partners and customers. These offerings include private label credit, general purpose credit cards, and various loan products marketed through an omnichannel platform that encompasses retail point-of-sale, healthcare point-of-care, and direct mail solicitation among others. This approach not only facilitates sales for partners but also serves customers more effectively.
Challenges and Opportunities Ahead
Like many companies in the financial sector, Atlanticus faces challenges such as evolving market conditions, interest rate changes, and regulatory pressures. However, these challenges also present opportunities for growth and innovation. The company's ability to adapt and implement strategies that address these concerns will be critical in maintaining its competitive edge.
Contact Information for Investors
For investor relations inquiries, Atlanticus welcomes direct communication. Interested parties can reach out via phone at (770) 828-2000 or email at investors@atlanticus.com for any questions or further information about the company and its financial performance.
Frequently Asked Questions
What did Atlanticus Holdings announce regarding preferred stock?
Atlanticus announced a quarterly dividend of $0.476563 per share for its Series B Preferred shareholders.
When will the dividend be paid?
The dividend is scheduled to be paid on or about September 15 for shareholders on record by September 1.
What does Atlanticus focus on in its business model?
Atlanticus focuses on delivering financial technology solutions that enable its partners in banking, retail, and healthcare to offer more inclusive financial services.
How long has Atlanticus been operating?
Atlanticus has been operating for over 25 years, providing services to more than 20 million customers.
How can I contact Atlanticus for investor relations?
Interested individuals can contact Atlanticus through phone at (770) 828-2000 or via email at investors@atlanticus.com.
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