Atlas Declares Quarterly Dividends on Common and Preferred Shares

Rhea-AI Summary

Atlas Corp. (NYSE: ATCO) has declared cash dividends on its common and preferred shares, reinforcing its commitment to shareholder returns. The common share dividend is set at $0.125 for the period of Jan 1, 2022, to Mar 31, 2022, with a record date of April 20, 2022 and a payment date of May 2, 2022. Additionally, preferred shares will receive dividends ranging from $0.4375 to $0.496875 for the same period. This marks the 67th consecutive dividend declaration by Atlas and its predecessor, Seaspan Corporation.

Positive

• Declaration of cash dividends for common and preferred shares.
• Common share dividend of $0.125 reinforces commitment to shareholders.
• This marks the 67th consecutive dividend declaration, showcasing stability.

Negative

• None.

LONDON, UK, April 7, 2022 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") (NYSE: ATCO) announced today that the Company's Board of Directors has declared cash dividends on its common and preferred shares as follows:  

Security	Ticker	Dividend per Share	Period	Record Date	Payment Date
Common	ATCO	$0.125000	Jan 1, 2022 – March 31, 2022	April 20, 2022	May 2, 2022
Series D Preferred	ATCO PD	$0.496875	Jan 30, 2022 – April 29, 2022	April 29, 2022	May 2, 2022
Series H Preferred	ATCO PH	$0.492188	Jan 30, 2022 – April 29, 2022	April 29, 2022	May 2, 2022
Series I Preferred	ATCO PI	$0.500000	Jan 30, 2022 – April 29, 2022	April 29, 2022	May 2, 2022
Series J Preferred	N/A	$0.437500	Jan 30, 2022 – April 29, 2022	April 29, 2022	May 2, 2022

This is the 67^th consecutive common share dividend declared by Atlas and its predecessor, Seaspan Corporation.

About Atlas 

Atlas is a leading global asset management company, differentiated by its position as a best-in-class owner and operator with a focus on disciplined capital deployment to create sustainable shareholder value. We target long-term, risk-adjusted returns across high-quality infrastructure assets in the maritime sector, energy sector and other infrastructure verticals. For more information visit atlascorporation.com. 

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SOURCE Atlas Corp.

FAQ

What is the dividend amount for ATCO's common shares?

The dividend amount for ATCO's common shares is $0.125 per share.

When will the dividends for ATCO be paid?

The dividends for ATCO will be paid on May 2, 2022.

What are the dividend amounts for ATCO's preferred shares?

The preferred shares will receive dividends ranging from $0.4375 to $0.496875.

What is the record date for ATCO's dividends?

The record date for ATCO's dividends is April 20, 2022.

How many consecutive dividends has ATCO declared?

ATCO has declared 67 consecutive dividends, including those from its predecessor, Seaspan Corporation.