Atlanticus Holdings Corporation Declares Quarterly Dividend
Atlanticus Holdings Corporation (NASDAQ: ATLC), a leader in financial technology, has made an important announcement regarding its commitment to its shareholders. Recently, the company's Board of Directors approved a quarterly dividend of $0.476563 per share for its Series B Cumulative Perpetual Preferred Stockholders. This decision underscores Atlanticus’ dedication to providing rewarding returns to its investors.
Details on the Dividend Payment
The approved cash dividend is set to be paid on or about June 16 to those who hold the Series B Cumulative Perpetual Preferred Stock by the close of business on June 1. This scheduling highlights the company’s proactive approach in maintaining strong relationships with its shareholders while ensuring transparency in its operations.
About Atlanticus Holdings Corporation
Atlanticus is on a mission to empower better financial outcomes for American consumers. Its unique technology platform enables bank, retail, and healthcare partners to provide inclusive financial services to countless individuals. In over 25 years, Atlanticus has serviced more than 20 million customers and has been instrumental in the management of over $43 billion in consumer loans.
Innovative Service Offerings
The comprehensive services offered by Atlanticus include a variety of consumer loan products, such as retail credit cards and healthcare financing options. These offerings are facilitated through an omnichannel platform featuring retail point-of-sale, healthcare point-of-care services, as well as internet-based marketing and third-party partnerships. This diverse approach ensures that Atlanticus remains competitive and relevant in a rapidly evolving financial landscape.
Commitment to Security and Compliance
In today’s financial services environment, security and compliance are more critical than ever. Atlanticus is dedicated to navigating these complexities as it offers solutions tailored to meet individual needs. The Auto Finance subsidiary is a prime example, serving automotive dealers and non-prime financial organizations with a range of financing and service programs catered to their requirements.
Looking to the Future
As Atlanticus continues to grow and adapt, it remains focused on enhancing its product offerings and improving its services for clients across various industries. The company is constantly working to innovate and expand its reach, ensuring it can provide better solutions for its partners and customers alike.
Frequently Asked Questions
What is the recent dividend amount declared by Atlanticus?
The recent quarterly dividend amount declared by Atlanticus is $0.476563 per share for Series B Cumulative Perpetual Preferred shareholders.
When will the dividend be paid?
The cash dividend is expected to be paid on or about June 16, pending the record date of June 1 for shareholders.
What services does Atlanticus provide?
Atlanticus provides financial technology solutions that enable banks, retailers, and healthcare partners to offer a range of inclusive financial services to everyday Americans.
How long has Atlanticus been in operation?
Atlanticus has been operating for over 25 years, serving more than 20 million customers and managing over $43 billion in consumer loans.
What is the importance of the Auto Finance subsidiary?
The Auto Finance subsidiary plays a vital role in meeting the specific financing needs of automotive dealers and non-prime financial organizations, showcasing Atlanticus' commitment to a diverse service portfolio.
