Atrium Mortgage Investment Corp (AI) to Issue Monthly Dividend of C$0.07 on December 12th
Atrium Mortgage Investment Corp (TSE:AI) announced a monthly dividend on Monday, November 28th. Stockholders of record on Monday, December 12th will be paid a dividend of 0.0717 per share on Monday, December 12th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date is Monday, November 28th.
Shares of Atrium Mortgage Investment Corp (TSE:AI) opened at 12.21 on Wednesday. The company has a market capitalization of $330.43 million and a price-to-earnings ratio of 13.03. The stock has a 50 day moving average of $12.02 and a 200-day moving average of $12.04. Atrium Mortgage Investment Corp has a 52 week low of $10.22 and a 52 week high of $12.60.
Several research analysts have issued reports on the stock. Fundamental Research increased their target price on shares of Atrium Mortgage Investment Corp from C$12.80 to C$12.90 and gave the stock a “top pick” rating in a report on Tuesday, July 26th. TD Securities reiterated a “hold” rating and set a C$12.50 target price on shares of Atrium Mortgage Investment Corp in a report on Monday, October 24th.
Atrium Mortgage Investment Corp Company Profile
Atrium Mortgage Investment Corporation is a Canada-based non-bank lender. The Company invests in mortgages secured by residential, multi-residential and commercial real property located in Canada. The Company lends in urban centers. The Company focuses on loans that cannot be placed with financial institutions.
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