Atrium Mortgage Investment Corp Declares Monthly Dividend of $0.08 (TSE:AI)

Atrium Mortgage Investment Corp (TSE:AI) announced a monthly dividend on Thursday, November 28th, TickerTech reports. Investors of record on Thursday, December 12th will be given a dividend of 0.075 per share on Thursday, December 12th. This represents a $0.90 annualized dividend and a yield of 6.36%. The ex-dividend date of this dividend is Thursday, November 28th.

TSE AI traded down C$0.03 during trading hours on Tuesday, hitting C$14.16. 3,237 shares of the company’s stock were exchanged, compared to its average volume of 34,527. The company has a current ratio of 126.66, a quick ratio of 126.64 and a debt-to-equity ratio of 75.06. Atrium Mortgage Investment has a 1-year low of C$11.20 and a 1-year high of C$14.28. The stock has a 50-day simple moving average of C$13.82 and a 200 day simple moving average of C$13.69. The firm has a market cap of $583.24 million and a price-to-earnings ratio of 14.68.

AI has been the subject of a number of research reports. TD Securities raised their price objective on Atrium Mortgage Investment from C$13.50 to C$14.00 and gave the company a “hold” rating in a research note on Monday, October 21st. Fundamental Research set a C$14.09 price objective on Atrium Mortgage Investment and gave the company a “hold” rating in a research note on Tuesday, November 19th.

About Atrium Mortgage Investment

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 for residential, multi-residential, and commercial real properties, including first and second mortgages; infill construction and financing; land and land assembly financing for stacked and traditional townhomes, single detached homes, and low-rise and midrise condominiums; and bridge and term financing.

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Dividend History for Atrium Mortgage Investment (TSE:AI)

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