Atrium Mortgage Investment Corp Announces Monthly Dividend of $0.07 (AI)

Atrium Mortgage Investment Corp (TSE:AI) announced a monthly dividend on Thursday, December 28th, TickerTech reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.0733 per share on Friday, January 12th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.97%. The ex-dividend date is Thursday, December 28th.

Shares of Atrium Mortgage Investment (TSE AI) traded up C$0.11 during mid-day trading on Friday, hitting C$12.62. The stock had a trading volume of 25,182 shares, compared to its average volume of 24,131. Atrium Mortgage Investment has a 12-month low of C$11.20 and a 12-month high of C$12.71. The firm has a market capitalization of $419.30, a price-to-earnings ratio of 13.28 and a beta of 0.23.

AI has been the topic of a number of recent analyst reports. TD Securities reaffirmed a “hold” rating and issued a C$12.50 price objective on shares of Atrium Mortgage Investment in a research note on Wednesday, October 11th. Fundamental Research reaffirmed a “top pick” rating and issued a C$13.07 price objective on shares of Atrium Mortgage Investment in a research note on Thursday, November 2nd.

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About Atrium Mortgage Investment

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.

Dividend History for Atrium Mortgage Investment (TSE:AI)

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