Atlanticus Holdings Announces Upcoming Preferred Dividend Payment
Atlanticus Holdings Corporation Declares Preferred Stock Dividend
Atlanticus Holdings Corporation (NASDAQ: ATLC), a prominent financial technology company, recently disclosed that its Board of Directors has given the green light for a quarterly cash dividend of $0.476563 per share for Series B Cumulative Perpetual Preferred shareholders. This decision reflects Atlanticus' commitment to rewarding its investors while continuing to foster financial inclusivity.
Details of the Dividend Payment
The dividend will be disbursed on or about December 16, 2024, to those individuals or entities holding Atlanticus' Series B Cumulative Perpetual Preferred Stock by the close of business on December 1, 2024. This announcement is anticipated by shareholders who rely on these dividends for financial planning and investment returns.
Commitment to Financial Inclusion
Atlanticus stands at the forefront of financial innovation, enabling various partners in banking, retail, and healthcare to provide more inclusive financial options to a diverse range of consumers. The company utilizes its proprietary analytics to better serve its clients, a testament to the experience drawn from servicing over 20 million customers and managing consumer loans exceeding $40 billion during its 25-plus years in operation.
Innovation and Product Offerings
Atlanticus offers a variety of consumer lending products, including private label credit cards for retail and healthcare settings, as well as general purpose credit cards. These products are marketed through an omnichannel platform that encompasses retail point-of-sale systems, healthcare facilities, direct mail campaigns, and internet marketing strategies. This comprehensive approach enables Atlanticus to reach a wider audience and enhance customer access to financial services.
Auto Finance Solutions
In addition to its consumer lending services, Atlanticus also caters to the automotive sector via its Auto Finance subsidiary. This branch supports automotive dealers and non-prime financial organizations with customized financing options and services tailored to meet individual dealer needs. This diversification showcases Atlanticus' adaptability and its solution-oriented philosophy.
Corporate Philosophy and Future Direction
Atlanticus is dedicated to empowering its clients and partners through innovative financial solutions. The company's strategic direction emphasizes technology and analytics to continually enhance the principle of offering inclusive financing. This alignment not only helps in fostering better financial outcomes for everyday Americans but also strengthens the relationship between Atlanticus and its partners.
Frequently Asked Questions
What is the amount of the declared dividend by Atlanticus?
The declared dividend is $0.476563 per share for Series B Cumulative Perpetual Preferred shareholders.
When will the dividend be paid?
The cash dividend is set to be paid on or about December 16, 2024.
What does Atlanticus Holdings do?
Atlanticus Holdings Corporation is a financial technology company focused on providing inclusive financial services through partnerships in banking, retail, and healthcare.
How long has Atlanticus been in operation?
Atlanticus has over 25 years of operational history, servicing more than 20 million customers and managing significant consumer loans.
What products does Atlanticus offer?
Atlanticus offers a range of consumer lending products, including private label credit and general purpose credit cards, as well as auto finance solutions.
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