Atlas Declares Quarterly Dividends on Preferred Shares
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LONDON, UK, June 26, 2025 /CNW/ - Atlas Corp. ("Atlas" or the "Company") announced today that the Company's Board of Directors has declared cash dividends on its preferred shares as follows:
Security | Ticker | Dividend per Share | Period | Record Date | Payment Date |
Series D Preferred (to be redeemed) (1) | ATCO PD | $0.386458 | April 30, 2025 – | July 9, 2025 | July 10, 2025 |
Series H Preferred (to be redeemed)(2) | ATCO PH | $0.382813 | April 30, 2025 – | July 9, 2025 | July 10, 2025 |
Series H Preferred | ATCO PH | $0.492188 | April 30, 2025 – | July 29, 2025 | July 30, 2025 |
Series J Preferred | N/A | $0.437500 | April 30, 2025 – | July 29, 2025 | July 30, 2025 |
(1) | Pursuant to Atlas' announcement on Form 6-K dated June 18, 2025, all outstanding Series D Preferred Shares shall be redeemed on July 10, 2025. Regular dividends on such shares will accrue up to July 9, 2025 ($0.386458 per share) and will be paid in cash together with the redemption price of $25.00 per share on the redemption date. |
(2) | Pursuant to Atlas' announcement on Form 6-K dated June 18, 2025, 8,905,105 Series H Preferred Shares shall be redeemed on July 10, 2025. Regular dividends on such shares will accrue up to July 9, 2025 ($0.382813 per share) (the "Series H Partial Redemption") and will be paid in cash together with the redemption price of $25.00 per share on the redemption date. |
(3) | Upon completion of the Series H Partial Redemption, 120,000 Series H Preferred Shares shall remain outstanding and listed on the New York Stock Exchange, and shall continue to accrue regular dividends. |
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.
SOURCE Atlas Corp.
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