Atlas Corp. (NASDAQ:ATCOL – Get Free Report)’s share price shot up 0.4% during mid-day trading on Thursday . The company traded as high as $25.11 and last traded at $25.30. 299 shares were traded during trading, a decline of 65% from the average session volume of 850 shares. The stock had previously closed at $25.20.
Atlas Stock Up 0.4 %
The firm has a 50 day moving average price of $25.11 and a 200-day moving average price of $25.10.
Atlas Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Wednesday, January 15th will be issued a $0.4453 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.78 annualized dividend and a yield of 7.07%.
About Atlas
Atlas Corp. operates as an asset manager and operator of containerships. The company, through its subsidiaries, operates as an independent charter owner and manager of containerships. The company charters its containerships under long-term and fixed-rate time charters to various container liner companies.
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