Atlanticus Holds Strong with Recent Preferred Stock Dividend
Atlanticus Holdings Corporation Declares Quarterly Dividend
Atlanticus Holdings Corporation (NASDAQ: ATLC), a notable player in financial technology, proudly announces the approval of a quarterly dividend amounting to $0.476563 per share for its Series B Cumulative Perpetual Preferred shareholders. This dividend, a reflection of the company's successful operational performance, will be disbursed to shareholders around mid-September. Shareholders are encouraged to ensure their ownership records are up to date ahead of the record date, which falls on the first day of September.
About Atlanticus Holdings Corporation
Atlanticus operates at the intersection of technology and finance, offering enhanced financial solutions to a vast clientele across the United States. By partnering with banks, retailers, and healthcare providers, Atlanticus strives to create more accessible financial services for everyday Americans. Their advanced technology utilizes proprietary analytics gained from managing a significant user base of over 20 million consumers and a loan portfolio exceeding $44 billion.
Drawing upon more than 25 years of experience, Atlanticus is committed to delivering a wide array of consumer loan products. This encompasses private-label credit and general-purpose credit cards, which are marketed through a versatile omnichannel platform. The company's multifaceted marketing strategies include retail point-of-sale, healthcare point-of-care services, and targeted digital outreach, ensuring they meet the diverse needs of their clients.
Additionally, Atlanticus provides tailored finance solutions through its Auto Finance subsidiary. This division addresses the unique demands of automotive dealers and non-prime financial firms, offering various financing and support options that facilitate smoother operations and more efficient customer transactions.
Commitment to Financial Inclusion
Atlanticus stands out in the financial technology landscape, emphasizing the importance of financial inclusion. Their ongoing efforts aim to empower individuals by providing them access to necessary funds and tailored financial products, which in turn contribute to improved economic outcomes. By focusing on underserved populations, Atlanticus is reshaping the financial services sector, making significant strides in enhancing financial literacy and financial health across many communities.
Looking Ahead with Confidence
While Atlanticus has solidified its position in the financial services industry, it remains aware that the landscape can shift due to various factors. The company's ability to adapt to changing market conditions is integral to its success. By nurturing relationships with existing partners and actively seeking new opportunities, Atlanticus is poised to navigate the complexities of the market effectively.
Frequently Asked Questions
What is the quarterly dividend amount declared by Atlanticus?
The declared quarterly dividend is $0.476563 per share for the Series B Preferred shareholders.
When will the dividend be paid?
The dividend is set to be paid on or about September 15 to shareholders on record by September 1.
How does Atlanticus support financial inclusion?
Atlanticus works with banks and retailers to offer a range of financial products, ensuring everyday Americans have access to necessary financial services.
What types of products does Atlanticus provide?
Atlanticus offers various consumer loan products, including private-label credit cards and general-purpose credit cards tailored for different marketing channels.
How can investors get in touch with Atlanticus?
Investors can contact Atlanticus via their Investor Relations department at (770) 828-2000 or through email at investors@atlanticus.com.
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