Atrium Mortgage Investment Corp (AI) to Issue $0.07 Monthly Dividend
Atrium Mortgage Investment Corp (TSE:AI) declared a monthly dividend on Wednesday, September 6th, Zacks reports. Stockholders of record on Friday, September 29th will be paid a dividend of 0.073 per share on Thursday, October 12th. This represents a $0.88 annualized dividend and a dividend yield of 7.35%. The ex-dividend date of this dividend is Thursday, September 28th.
Atrium Mortgage Investment Corp (AI) traded down 0.17% on Thursday, reaching $11.90. The company’s stock had a trading volume of 16,933 shares. The firm’s 50 day moving average is $12.24 and its 200-day moving average is $12.11. The firm has a market cap of $359.50 million and a P/E ratio of 12.40. Atrium Mortgage Investment Corp has a 12 month low of $11.20 and a 12 month high of $12.50.
Separately, Fundamental Research restated a “top pick” rating and issued a C$13.07 target price on shares of Atrium Mortgage Investment Corp in a report on Wednesday, August 2nd.
Atrium Mortgage Investment Corp Company Profile
Atrium Mortgage Investment Corporation provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada. It offers various types of mortgage loans, including land and land assembly financing for stacked and traditional townhomes, single detached homes, and low-rise and midrise condominiums; bridge and term financing; infill construction and financing; and first and second mortgages.
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