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

Atlanticus Holdings Co. (NASDAQ:ATLCP) announced a quarterly dividend on Tuesday, November 5th,Wall Street Journal reports. Investors of record on Sunday, December 1st will be paid a dividend of 0.4766 per share on Monday, December 16th. This represents a $1.91 dividend on an annualized basis and a yield of 8.00%. The ex-dividend date is Friday, November 29th.

Atlanticus Price Performance

NASDAQ:ATLCP traded down $0.01 on Wednesday, reaching $23.84. 6,234 shares of the company’s stock were exchanged, compared to its average volume of 7,496. The stock has a fifty day simple moving average of $23.04 and a 200-day simple moving average of $22.88. Atlanticus has a 52 week low of $20.47 and a 52 week high of $24.80.

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.