Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Trading Up 0.2% – Time to Buy?

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ)’s stock price traded up 0.2% during trading on Wednesday . The stock traded as high as $25.60 and last traded at $25.56. Approximately 9,885 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 21,716 shares. The stock had previously closed at $25.52.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Stock Performance

The business’s 50 day moving average price is $25.47 and its two-hundred day moving average price is $25.46.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.5781 per share. This represents a $2.31 annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

Atlanticus Holdings Co is a specialty finance holding company based in Cincinnati, Ohio, that offers a range of consumer credit products and associated servicing activities in the United States. Through its primary operating subsidiaries, CardWorks Servicing LLC and Atlanticus Receivables LLC, the company originates, acquires and services revolving credit card accounts and unsecured installment loans tailored to near-prime and subprime consumers.

Atlanticus’s credit card offerings include a variety of Visa-branded cards marketed through direct-response channels and an extensive network of third-party partners.