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

Atlanticus Holdings Co. (NASDAQ:ATLCP) declared a quarterly dividend on Thursday, January 30th,Wall Street Journal reports. Investors of record on Saturday, March 1st will be given a dividend of 0.4766 per share on Monday, March 17th. This represents a $1.91 annualized dividend and a dividend yield of 8.11%. The ex-dividend date of this dividend is Friday, February 28th.

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

Atlanticus Stock Performance

Shares of ATLCP stock traded down $0.02 during trading hours on Thursday, reaching $23.51. 2,674 shares of the company’s stock were exchanged, compared to its average volume of 4,646. Atlanticus has a fifty-two week low of $21.49 and a fifty-two week high of $24.80. The stock’s 50 day moving average is $23.40 and its 200-day moving average is $23.10.

Atlanticus Company Profile

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.