Automotive Finco Corp. Announces Loan Extension and Quarterly Cash Dividends

Core Viewpoint - Automotive Finco Corp. has declared a quarterly cash dividend of $0.0513 per common share, amounting to $0.205 annually, with the first payment scheduled for July 31, 2025, to shareholders on record as of June 30, 2025 [1] Group 1: Dividend Declaration - The company has announced a quarterly cash dividend of $0.0513 per common share, translating to an annual dividend of $0.205 per common share [1] - The initial dividend payment is set for July 31, 2025, for shareholders recorded by June 30, 2025 [1] Group 2: Future Dividend Considerations - Future cash dividends are contingent upon the board of directors' assessment that such payments are in the best interests of the company and its shareholders, and that they comply with applicable laws and agreements [2] - There are no guarantees that future dividends will be declared or paid [2] Group 3: Loan Agreement Update - The company has reported that the Borrower, AA Finance Co LP, has chosen to extend a loan agreement made on November 18, 2024, with the new maturity date set for November 18, 2025 [3] Group 4: Company Overview - Automotive Finco Corp. is a finance company that focuses exclusively on the auto retail sector and may pursue other direct investments and financing opportunities within this sector [4]