Welcome to our dedicated page for Atlas Corporation news (Ticker: ATCO), a resource for investors and traders seeking the latest updates and insights on Atlas Corporation stock.
Atlas Corp. (ATCO) appears frequently in financial and corporate news through its ongoing communications with investors and holders of its securities. Press releases issued from London, United Kingdom, describe Atlas as a global asset management company focused on high-quality infrastructure assets in the maritime sector, energy sector and other infrastructure verticals. Many of the company’s recent announcements concern its preferred share capital and related corporate actions.
News items for ATCO prominently feature quarterly dividend declarations on preferred shares. Atlas has repeatedly announced cash dividends on its Series D and Series H preferred shares, identified in the releases by tickers such as ATCO PD and ATCO PH, as well as on its Series J preferred shares. These releases provide details on dividend amounts, record dates and payment dates for each dividend period, giving income-focused investors insight into the timing and terms of preferred distributions.
Another category of Atlas-related news covers capital structure changes and redemptions. The company has issued releases on the full redemption of its Series I preferred shares and, through SEC filings, has reported the redemption of all outstanding Series H preferred shares. These events are relevant for investors tracking the evolution of Atlas’s preferred equity and the status of specific series.
Corporate transaction news is also part of the ATCO story. A press release details the completion of the acquisition of Atlas by Poseidon Acquisition Corp., in which a merger subsidiary combined with Atlas and Atlas requested the suspension of trading of its common shares on the New York Stock Exchange, described as a delisting. This type of news is important for understanding changes in ownership and listing status.
In addition, news related to Seaspan Corporation, a wholly owned subsidiary and one of Atlas’s main portfolio companies, appears in the same news stream. These items describe Seaspan’s activities in containership leasing and alternative-fuel vessel programs, illustrating the operational context behind Atlas’s asset management focus on maritime infrastructure.
Investors and observers using the ATCO news page can review this mix of dividend announcements, preferred share redemptions, merger developments and Seaspan operational updates to understand how Atlas communicates its capital decisions and portfolio activity over time.
Atlas Corp. (ATCO) has announced quarterly dividend payments for its preferred shares. The company's Board of Directors has declared the following cash dividends:
- Series D Preferred (ATCO PD): $0.496875 per share
- Series H Preferred (ATCO PH): $0.492188 per share
- Series J Preferred: $0.437500 per share
These dividends cover the period from July 30, 2024, to October 29, 2024. The record date for all series is set for October 29, 2024, with the payment date scheduled for October 30, 2024. This announcement demonstrates Atlas Corp.'s commitment to providing regular returns to its preferred shareholders.
Atlas Corp. has released its 2023 Sustainability Report, highlighting significant progress in its ESG initiatives. Key achievements include:
- Seaspan reduced greenhouse gas emissions intensity by 15% compared to 2022
- APR Energy improved its environmental footprint by phasing out diesel engines and offering fuel-flexible turbines
- Atlas strengthened its commitment to diversity, equity, and inclusion through new workplace pillars and employee training
- The company maintained strong governance and ethical practices
CEO Bing Chen emphasized that ESG principles are integral to Atlas's decision-making and business strategies, driving long-term value for stakeholders. The report covers activities from January 1 to December 31, 2023, for Atlas and its subsidiaries Seaspan and APR Energy.
Atlas announced cash dividends on its preferred shares. The Board of Directors declared dividends for three series of preferred shares. For Series D (ATCO PD), the dividend is $0.496875 per share. For Series H (ATCO PH), the dividend is $0.492188 per share. For Series J, the dividend is $0.437500 per share. The period for the dividends is from April 30, 2024, to July 29, 2024. The record date for all series is July 29, 2024, and the payment date is July 30, 2024.
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