Atlanticus Holdings Co. (NASDAQ:ATLCP – Get Rating) declared a quarterly dividend on Wednesday, February 22nd, Wall Street Journal reports. Stockholders of record on Wednesday, March 1st will be paid a dividend of 0.4766 per share on Wednesday, March 15th. This represents a $1.91 annualized dividend and a dividend yield of 9.28%. The ex-dividend date is Tuesday, February 28th.

Atlanticus Trading Up 0.6 %

NASDAQ:ATLCP traded up $0.13 during midday trading on Wednesday, hitting $20.55. The company's stock had a trading volume of 6,764 shares, compared to its average volume of 6,988. Atlanticus has a fifty-two week low of $16.20 and a fifty-two week high of $25.20. The company's 50 day simple moving average is $19.85.

Insider Activity

In related news, Chairman David G. Hanna bought 325,000 shares of the stock in a transaction dated Wednesday, December 7th. The shares were purchased at an average price of $27.15 per share, for a total transaction of $8,823,750.00. Following the completion of the purchase, the chairman now directly owns 325,000 shares of the company's stock, valued at $8,823,750. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Atlanticus news, Director Deal W. Hudson sold 16,313 shares of the stock in a transaction that occurred on Friday, January 20th. The stock was sold at an average price of $30.65, for a total transaction of $499,993.45. Following the transaction, the director now owns 75,452 shares in the company, valued at $2,312,603.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman David G. Hanna acquired 325,000 shares of the business's stock in a transaction dated Wednesday, December 7th. The stock was acquired at an average price of $27.15 per share, with a total value of $8,823,750.00. Following the completion of the transaction, the chairman now directly owns 325,000 shares of the company's stock, valued at $8,823,750. The disclosure for this purchase can be found here.

About Atlanticus

(Get Rating)

Atlanticus Holdings Corporation 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, educational services, and home-improvements by partnering with retailers and service providers.

Further Reading

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