Atlanticus Holdings Co. (NASDAQ:ATLCP) Announces $0.48 Quarterly Dividend

by · The Markets Daily

Atlanticus Holdings Co. (NASDAQ:ATLCPGet Free Report) announced a quarterly dividend on Tuesday, February 3rd. Investors of record on Sunday, March 1st will be given a dividend of 0.4766 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Friday, February 27th.

Atlanticus Stock Performance

NASDAQ:ATLCP traded up $0.13 during mid-day trading on Wednesday, hitting $24.66. 2,793 shares of the company’s stock traded hands, compared to its average volume of 7,656. The firm’s 50 day simple moving average is $24.18 and its 200 day simple moving average is $23.87. Atlanticus has a 1 year low of $21.66 and a 1 year high of $25.00.

About Atlanticus

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Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.

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