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 for Q4 2020. The common shares will receive $0.125 per share, with a record date of January 20, 2021, and payment on February 1, 2021. For preferred shares, the Series D will pay $0.496875, Series E will pay $0.515625, and Series G will pay $0.5125, all with the same record and payment dates as common shares. The Series H will pay $0.492188 and Series I will pay $0.50, also following the same schedule.

Positive

• Cash dividends declared for multiple share classes, enhancing income for shareholders.
• Demonstrates company confidence in maintaining shareholder returns.

Negative

• None.

LONDON, UK, Jan. 5, 2021 /PRNewswire/ - Atlas Corp. ("Atlas") (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	$0.125	Oct. 1, 2020 - Dec. 31, 2020	January 20, 2021	February 1, 2021
Series D Preferred	ATCO PD	$0.496875	Oct. 1, 2020 -   Dec. 31, 2020	January 29, 2021	February 1, 2021
Series E Preferred	ATCO PE	$0.515625	Oct. 1, 2020 -   Dec. 31, 2020	January 29, 2021	February 1, 2021
Series G Preferred	ATCO PG	$0.5125	Oct. 1, 2020 -   Dec. 31, 2020	January 29, 2021	February 1, 2021
Series H Preferred	ATCO PH	$0.492188	Oct. 1, 2020 -   Dec. 31, 2020	January 29, 2021	February 1, 2021
Series I Preferred	ATCO PI	$0.50	Oct. 1, 2020 -   Dec. 31, 2020	January 29, 2021	February 1, 2021

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 deploying capital to create sustainable shareholder value. Atlas brings together an experienced asset management team with deep operational and capital allocation experience. We target long-term, risk adjusted returns across high quality infrastructure assets in the maritime sector, energy sector and other infrastructure verticals. Our two portfolio companies, Seaspan Corporation and APR Energy Ltd. are unique, industry-leading operating platforms in the global maritime and energy spaces, respectively.  

For more information visit atlascorporation.com. 

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SOURCE Atlas Corp.

FAQ

What is the dividend amount for ATCO common shares?

ATCO common shares will receive a dividend of $0.125 per share.

When is the payment date for ATCO dividends?

The payment date for ATCO dividends is February 1, 2021.

What are the record dates for ATCO dividends?

The record date for ATCO dividends is January 20, 2021.

How much will ATCO Series D preferred shares pay?

Series D preferred shares will pay $0.496875.

Will ATCO continue to pay dividends in the future?

The continuation of dividends will depend on the company's financial performance and board decisions.