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

Atlanticus Holdings Co. (NASDAQ:ATLCP) declared a quarterly dividend on Friday, January 24th, Wall Street Journal reports. Shareholders of record on Saturday, March 1st will be paid a dividend of 0.4766 per share on Monday, March 17th. This represents a $1.91 annualized dividend and a yield of 8.04%. The ex-dividend date is Friday, February 28th.

Atlanticus has increased its dividend by an average of 25.1% per year over the last three years.

Atlanticus Trading Down 0.3 %

Shares of NASDAQ:ATLCP opened at $23.72 on Wednesday. The business’s 50 day simple moving average is $23.40 and its two-hundred day simple moving average is $23.21. Atlanticus has a 52-week low of $21.66 and a 52-week high of $24.80.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.