Atlanticus Sets $0.476563 Quarterly Dividend for Series B Preferred Shares

Atlanticus set the next quarterly payment at $0.476563 for each share of its Series B Cumulative Perpetual Preferred Stock. Holders of record at the close of business Dec. 1 are eligible for payment on or about Dec. 15.

The rate matches the dividend declared in August for the previous quarter. It equals an annualized $1.90625 per share, or 7.625% of the preferred stock’s $25 liquidation preference.

The dividend applies to preferred shares. Atlanticus has no current plans to pay dividends on its common stock.