Atlanticus Holdings Corporation Declares Quarterly Dividend
ATLANTA -- Atlanticus Holdings Corporation (NASDAQ: ATLC), a prominent financial technology firm, has made an exciting announcement regarding its Series B Cumulative Perpetual Preferred Stock. The company has declared a quarterly dividend of $0.476563 per share, showcasing its dedication to its shareholders.
Dividend Details and Payment Schedule
The quarterly dividend is set to be distributed to shareholders on or around December 15. To qualify for this dividend, shareholders must hold the Series B Cumulative Perpetual Preferred Stock by the close of business on December 1. This distribution underscores Atlanticus' consistent performance and commitment to providing value to its investors amidst a fluctuating market.
About Atlanticus’ Business Strategy
In today's ever-evolving financial landscape, Atlanticus stands out as a visionary leader. They empower financial institutions, retailers, and healthcare providers through innovative technology, helping millions of everyday Americans gain access to inclusive financial services. With a strong foundation built over 25 years and the servicing of over 20 million customers, the company has successfully facilitated $48 billion in consumer loans.
A Diverse Range of Financial Products
Atlanticus offers a wide array of consumer loan products designed to meet the unique needs of their clients. These include private label credit cards and general-purpose credit options tailored to retail and healthcare settings. Their omnichannel strategy encompasses various marketing avenues—ranging from retail point-of-sale to direct mail solicitations—ensuring that they reach a broad audience effectively.
Supporting Automotive Financing Needs
Additionally, Atlanticus operates a subsidiary focused on auto finance, adeptly catering to the specialized needs of automotive dealers and non-prime financing organizations. Through multiple financing solutions and service programs, they ensure that their partners can provide comprehensive financial options to consumers in the automotive sector.
Commitment to Shareholders
The declaration of the quarterly dividend is not just a financial maneuver; it is a testament to Atlanticus' unwavering commitment to its shareholders. In a time when many companies may hold back on dividend payments, Atlanticus is paving the way with a strategy that promotes growth and stability. This move reflects the company's strong operational performance and optimistic outlook for future business prospects.
Connecting with Atlanticus
Atlanticus is keen on maintaining transparent and open lines of communication with investors and stakeholders. The company encourages inquiries through their Investor Relations team for any clarification or additional information regarding their financial strategies and operations.
Contact Information:
For any inquiries, please reach out to Investor Relations at investors@atlanticus.com. Additionally, Dan Mauch and Sara Savarino are available for more personalized queries via dan.mauch@atlanticus.com and sara.savarino@atlanticus.com respectively.
Frequently Asked Questions
What is the dividend amount announced by Atlanticus?
The announced quarterly dividend for the Series B Preferred Stock is $0.476563 per share.
When is the dividend payment scheduled?
The dividend is expected to be paid on or about December 15, with a record date of December 1.
How does Atlanticus support financial inclusivity?
Atlanticus enables banks, retailers, and healthcare providers to offer inclusive financial services through innovative technology and a strong operational framework.
What types of financial products does Atlanticus offer?
The company provides a variety of consumer loans, including retail and healthcare private label credit, as well as general-purpose credit cards.
Who should I contact for more information about Atlanticus?
For inquiries, please contact their Investor Relations team via email at investors@atlanticus.com.
