Atrium Mortgage Investment Corp (AI) to Issue Monthly Dividend of C$0.07 on October 12th
Atrium Mortgage Investment Corp (TSE:AI) announced a monthly dividend on Wednesday, September 28th. Investors of record on Wednesday, October 12th will be given a dividend of 0.0717 per share on Wednesday, October 12th. This represents a $0.86 annualized dividend and a yield of 7.12%. The ex-dividend date is Wednesday, September 28th.
Atrium Mortgage Investment Corp (TSE:AI) traded up 0.58% during mid-day trading on Friday, reaching $12.15. The company had a trading volume of 1,713 shares. The company has a market capitalization of $327.95 million and a price-to-earnings ratio of 13.04. Atrium Mortgage Investment Corp has a 12-month low of $10.22 and a 12-month high of $12.60. The stock has a 50-day moving average of $12.31 and a 200 day moving average of $11.87.
AI has been the topic of a number of recent research reports. TD Securities raised their target price on Atrium Mortgage Investment Corp from C$11.50 to C$12.50 and gave the company a “hold” rating in a report on Monday, July 25th. Fundamental Research increased their price target on Atrium Mortgage Investment Corp from C$12.80 to C$12.90 and gave the company a “top pick” rating in a research report on Tuesday, July 26th.
Atrium Mortgage Investment Corp Company Profile
Atrium Mortgage Investment Corporation is a Canada-based non-bank lender. The Company invests in mortgages secured by residential, multi-residential and commercial real property located in Canada. The Company lends in urban centers. The Company focuses on loans that cannot be placed with financial institutions.
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