Atlas Declares Quarterly Dividends on Common and Preferred Shares

Rhea-AI Summary

Atlas Corp. (NYSE: ATCO) has declared cash dividends for its common and preferred shares. The common shares will receive a dividend of $0.125 payable on July 30, 2020, with a record date of July 20, 2020. Additionally, the Series D preferred shares will receive $0.496875, Series E preferred shares will receive $0.515625, Series G preferred shares will receive $0.5125, Series H preferred shares will receive $0.492188, and Series I preferred shares will receive $0.50, all payable on July 30, 2020.

Positive

• Affirmation of dividend payments showcases financial health and confidence.
• Various dividends declared for preferred shares potentially attract diverse investment.

Negative

• None.

LONDON, United Kingdom, July 2, 2020 /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	April 1, 2020 - June 30, 2020	July 20, 2020	July 30, 2020
Series D Preferred	ATCO PD	$0.496875	April 30, 2020 - July 29, 2020	July 29, 2020	July 30, 2020
Series E Preferred	ATCO PE	$0.515625	April 30, 2020 - July 29, 2020	July 29, 2020	July 30, 2020
Series G Preferred	ATCO PG	$0.5125	April 30, 2020 - July 29, 2020	July 29, 2020	July 30, 2020
Series H Preferred	ATCO PH	$0.492188	April 30, 2020 - July 29, 2020	July 29, 2020	July 30, 2020
Series I Preferred	ATCO PI	$0.50	April 30, 2020 - July 29, 2020	July 29, 2020	July 30, 2020

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 declared by Atlas Corp. for common shares?

Atlas Corp. declared a dividend of $0.125 per common share.

When is the payment date for Atlas Corp.'s dividends?

The payment date for Atlas Corp.'s dividends is July 30, 2020.

What are the record dates for Atlas Corp.'s dividends?

The record date for common shares is July 20, 2020, and for preferred shares, it's July 29, 2020.

How much is the dividend for Series D preferred shares?

The dividend for Series D preferred shares is $0.496875.

Will Atlas Corp. continue to pay dividends in the future?

The future dividend payments will depend on the company's financial performance and board decisions.