Atlanticus Announces Approval of Quarterly Preferred Stock Dividend
February 22 2022 - 4:30PM
Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,”
“the Company”, “we,” “our” or “us”), a technology company enabling
bank, retail, and healthcare partners to offer more inclusive
financial services, today announced that its Board of Directors
approved a quarterly dividend of $0.470035 per share to Series B
Cumulative Perpetual Preferred stockholders. The cash dividend will
be paid on or about March 15, 2022 to holders of record of
Atlanticus’ Series B Cumulative Perpetual Preferred Stock on the
close of business on March 4, 2022.
About Atlanticus Holdings
Corporation
Empowering Better Financial Outcomes for
Everyday Americans
Atlanticus’ technology allows 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 18 million customers and $26 billion in consumer
loans over our 25-year operating history to support lenders that
originate a range of consumer loan products. These products include
retail and healthcare 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 CAR
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 the extent and duration of the COVID-19 pandemic and its
impact on the Company, bank partners, merchants, 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, merchants 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 RelationsKalle
J. AhlVice PresidentThe Equity Group Inc.(212)
836-9614kahl@equityny.com
Media RelationsEmma ClarkeVested for
Atlanticus(973) 735-3525atlanticus@fullyvested.com
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