Atlas Declares Quarterly Dividends on Common and Preferred Shares

Rhea-AI Summary

Atlas Corp. (NYSE: ATCO) declared cash dividends on its shares, including $0.125 per common share for the period April 1, 2022 – June 30, 2022, with a payment date of August 1, 2022. For its Series D preferred shares, the dividend is $0.496875 and for Series H, $0.492188, both with the same payment date. Series I preferred shares will receive $0.500, while Series J has a dividend of $0.4375. This marks the 68th consecutive dividend declared by Atlas and its predecessor.

Positive

• 68 consecutive dividends illustrate consistent shareholder returns.
• Dividend payments reflect company confidence and financial stability.

Negative

• None.

LONDON, UK, July 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	April 1, 2022 –June 30, 2022	July 20, 2022	August 1, 2022
Series D Preferred	ATCO PD	$0.496875	April 30, 2022 – July 29, 2022	July 29, 2022	August 1, 2022
Series H Preferred	ATCO PH	$0.492188	April 30, 2022 – July 29, 2022	July 29, 2022	August 1, 2022
Series I Preferred	ATCO PI	$0.500000	April 30, 2022 – July 29, 2022	July 29, 2022	August 1, 2022
Series J  Preferred	N/A	$0.437500	April 30, 2022 – July 29, 2022	July 29, 2022	August 1, 2022

This is the 68^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 common shares of ATCO?

The dividend amount for common shares of ATCO is $0.125.

When will Atlas Corp. pay dividends for the period April 1, 2022 – June 30, 2022?

Atlas Corp. will pay dividends on August 1, 2022.

What dividends were declared for preferred shares by ATCO?

ATCO declared $0.496875 for Series D, $0.492188 for Series H, $0.500 for Series I, and $0.4375 for Series J preferred shares.

How many consecutive dividends has ATCO declared?

ATCO has declared 68 consecutive dividends, including those by its predecessor, Seaspan Corporation.

What is the record date for ATCO's dividends declared on July 7, 2022?

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