Atrium Mortgage Investment Corp Declares Monthly Dividend of $0.07 (AI)
Atrium Mortgage Investment Corp (TSE:AI) announced a monthly dividend on Tuesday, October 3rd, Zacks reports. Investors of record on Tuesday, October 31st will be paid a dividend of 0.073 per share on Monday, November 13th. This represents a $0.88 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date of this dividend is Monday, October 30th.
Atrium Mortgage Investment Corp (TSE AI) traded up 0.08% during trading on Wednesday, reaching $12.08. The company’s stock had a trading volume of 28,109 shares. The stock’s 50 day moving average is $12.12 and its 200 day moving average is $12.10. Atrium Mortgage Investment Corp has a 12 month low of $11.20 and a 12 month high of $12.50. The company has a market cap of $364.94 million and a price-to-earnings ratio of 12.58.
Separately, Fundamental Research reaffirmed a “top pick” rating and issued a C$13.07 price target on shares of Atrium Mortgage Investment Corp in a report on Wednesday, August 2nd.
About Atrium Mortgage Investment Corp
Atrium Mortgage Investment Corporation is a non-bank lender. The Company provides residential and commercial mortgages that lends in urban centers in Canada. Its mortgages are secured by all types of residential, multi-residential and commercial real property located in Canada. Its investment objectives are to preserve its shareholders equity and provide its shareholders with stable and secure dividends from its investments in mortgage loans.
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