Atlanticus Announces Approval of Quarterly Preferred Stock Dividend
February 12 2024 - 4:30PM
Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the
“Company,” “we” or “our”), a financial technology company that
enables its bank, retail and healthcare partners to offer more
inclusive financial services to millions of everyday Americans,
today announced that its Board of Directors approved a quarterly
dividend of $0.476563 per share to Series B Cumulative Perpetual
Preferred shareholders. The cash dividend will be paid on or about
March 15, 2024 to holders of record of Atlanticus’ Series B
Cumulative Perpetual Preferred Stock on the close of business on
March 1, 2024.
About Atlanticus Holdings
Corporation
Empowering Better Financial Outcomes for
Everyday Americans
AtlanticusTM technology enables bank, retail,
and healthcare partners to offer more inclusive financial services
to everyday Americans through the use of proprietary analytics. We
apply the experience gained and infrastructure built from servicing
over 20 million customers and over $38 billion in
consumer loans over more than 25 years of operating history to
support lenders that originate a range of consumer loan products.
These products include retail and healthcare private label credit
and general purpose credit cards marketed through our omnichannel
platform, including retail point-of-sale, healthcare point of-care,
direct mail solicitation, internet-based marketing, and
partnerships with third parties. Additionally, through our Auto
Finance subsidiary, Atlanticus serves the individual
needs of automotive dealers and automotive non-prime financial
organizations with multiple financing and service programs.
Forward-Looking Statements
This press release contains forward-looking
statements that reflect the Company's current views with respect to
the payment of dividends in the future. You generally can identify
these statements by the use of words such as “outlook,”
“potential,” “continue,” “may,” “seek,” “approximately,” “predict,”
“believe,” “expect,” “plan,” “intend,” “estimate” or “anticipate”
and similar expressions or the negative versions of these words or
comparable words, as well as future or conditional verbs such as
“will,” “should,” “would,” “likely” and “could.” These statements
are subject to certain risks and uncertainties that could cause
actual results to differ materially from those included in the
forward-looking statements. These risks and uncertainties include
those risks described in the Company's filings with the Securities
and Exchange Commission and include, but are not limited to, risks
related to COVID-19 and its impact on the Company, bank partners,
merchant partners, consumers, loan demand, the capital markets,
labor availability, supply chains and the economy in general; the
Company's ability to retain existing, and attract new, merchant
partners and funding sources; changes in market interest rates;
increases in loan delinquencies; its ability to operate
successfully in a highly regulated industry; the outcome of
litigation and regulatory matters; the effect of management
changes; cyberattacks and security vulnerabilities in its products
and services; and the Company's ability to compete successfully in
highly competitive markets. The forward-looking statements speak
only as of the date on which they are made, and, except to the
extent required by federal securities laws, the Company disclaims
any obligation to update any forward-looking statement to reflect
events or circumstances after the date on which the statement is
made or to reflect the occurrence of unanticipated events. In light
of these risks and uncertainties, there is no assurance that the
events or results suggested by the forward-looking statements will
in fact occur, and you should not place undue reliance on these
forward-looking statements.
Contact:Investor Relations(770)
828-2000investors@atlanticus.com
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