Atrium Mortgage Investment Corp (TSE:AI) declared a monthly dividend on Wednesday, November 29th, TickerTech reports. Stockholders of record on Tuesday, December 12th will be paid a dividend of 0.0733 per share on Tuesday, December 12th. This represents a $0.88 annualized dividend and a dividend yield of 7.04%. The ex-dividend date is Wednesday, November 29th. This is a boost from Atrium Mortgage Investment’s previous monthly dividend of $0.07.
Shares of Atrium Mortgage Investment (TSE AI) opened at C$12.49 on Thursday. Atrium Mortgage Investment has a 1-year low of C$11.20 and a 1-year high of C$12.52.
Several equities research analysts have commented on AI shares. TD Securities reiterated a “hold” rating and issued a C$12.50 price target on shares of Atrium Mortgage Investment in a research report on Wednesday, October 11th. Fundamental Research restated a “top pick” rating and set a C$13.07 price objective on shares of Atrium Mortgage Investment in a report on Thursday, November 2nd.
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Atrium Mortgage Investment Company Profile
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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