Atlanticus (NASDAQ:ATLCP) Shares Down 0% – Here’s Why

Atlanticus Holdings Co. (NASDAQ:ATLCP)’s share price was down 0% during mid-day trading on Thursday . The company traded as low as $24.60 and last traded at $24.67. Approximately 7,300 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 10,250 shares. The stock had previously closed at $24.68.

Atlanticus Trading Down 0.0%

The business has a 50-day simple moving average of $24.07 and a 200 day simple moving average of $23.70.

Atlanticus Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a dividend of $0.4766 per share. This is a positive change from Atlanticus’s previous quarterly dividend of $0.48. The ex-dividend date was Monday, December 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 7.7%.

About Atlanticus

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.