Atrium Mortgage Investment Co. (TSE:AI) to Issue $0.08 Monthly Dividend

Atrium Mortgage Investment Co. (TSE:AIGet Free Report) declared a monthly dividend on Thursday, June 6th, Zacks reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.075 per share on Friday, July 12th. This represents a $0.90 annualized dividend and a dividend yield of 8.10%. The ex-dividend date is Friday, June 28th.

Atrium Mortgage Investment Stock Performance

Shares of AI opened at C$11.11 on Friday. Atrium Mortgage Investment has a one year low of C$9.76 and a one year high of C$11.69. The company has a 50-day moving average of C$11.11 and a two-hundred day moving average of C$10.96. The stock has a market cap of C$492.28 million, a price-to-earnings ratio of 9.75 and a beta of 1.21. The company has a debt-to-equity ratio of 77.81, a current ratio of 41.61 and a quick ratio of 102.54.

Atrium Mortgage Investment (TSE:AIGet Free Report) last announced its earnings results on Tuesday, May 14th. The company reported C$0.27 EPS for the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. The company had revenue of C$25.19 million during the quarter. On average, equities research analysts expect that Atrium Mortgage Investment will post 1.1699687 earnings per share for the current year.

Analyst Ratings Changes

Separately, Fundamental Research set a C$13.42 price target on shares of Atrium Mortgage Investment and gave the stock a “buy” rating in a report on Wednesday, February 21st.

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Atrium Mortgage Investment Company Profile

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Atrium Mortgage Investment Corporation, a mortgage lender, provides residential and commercial mortgages services in Canada. It offers various types of mortgage loans, such as land and development financing, construction and mezzanine financing, and commercial term and bridge financing services for residential, multi-residential, and commercial real properties.

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Dividend History for Atrium Mortgage Investment (TSE:AI)

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