Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ) Shares Up 0.1% – Should You Buy?

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (NASDAQ:ATLCZ)’s share price rose 0.1% during trading on Thursday . The company traded as high as $25.50 and last traded at $25.40. 15,320 shares were traded during mid-day trading, a decline of 23% from the average session volume of 19,866 shares. The stock had previously closed at $25.38.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Trading Up 0.4%

The company has a fifty day simple moving average of $25.40 and a 200-day simple moving average of $25.41.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a $0.5781 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.31 annualized dividend and a dividend yield of 9.1%.

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.