Atrium Mortgage Investment Corp Plans Monthly Dividend of $0.08 (AI)
Atrium Mortgage Investment Corp (TSE:AI) declared a monthly dividend on Tuesday, February 27th, TickerTech reports. Investors of record on Monday, March 12th will be paid a dividend of 0.075 per share on Monday, March 12th. This represents a $0.90 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date is Tuesday, February 27th.
Atrium Mortgage Investment (AI) opened at C$12.64 on Thursday. The company has a market cap of $418.94, a P/E ratio of 13.44 and a beta of 0.21. Atrium Mortgage Investment has a 12 month low of C$11.20 and a 12 month high of C$12.93.
Separately, Fundamental Research set a C$13.07 price objective on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a research note on Thursday, December 28th.
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.
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