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 Period Record Date Payment
per Share Date
Series D ATCO PD $0.386458 April 30, July 9, July 10,
Preferred(to be 2025 -- 2025 2025
redeemed) (1) July 9,
2025
Series H ATCO PH $0.382813 April 30, July 9, July 10,
Preferred(to be 2025 -- 2025 2025
redeemed)(2) July 9,
2025
Series H Preferred ATCO PH $0.492188 April 30, July 29, July 30,
2025 -- 2025 2025
(outstanding after July 29,
redemption)(3) 2025
Series JPreferred N/A $0.437500 April 30, July 29, July 30,
2025 -- 2025 2025
July 29,
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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/CONTACT:
Investor Inquiries: Bing Chen, President, Chief Executive Officer, and Interim Chief Financial Officer, Atlas Corp., Tel. +1-888-829-0013, Email: IR@atlascorporation.com
Copyright CNW Group 2025
(END) Dow Jones Newswires
June 26, 2025 08:00 ET (12:00 GMT)
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