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

Atrium Mortgage Investment Co. (TSE:AI) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Investors of record on Wednesday, August 12th will be paid a dividend of 0.0775 per share on Wednesday, August 12th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Friday, July 31st.

Atrium Mortgage Investment Price Performance

Shares of AI opened at C$11.93 on Wednesday. The company has a current ratio of 3.31, a quick ratio of 102.54 and a debt-to-equity ratio of 63.47. The stock’s 50 day moving average is C$11.92 and its two-hundred day moving average is C$11.82. Atrium Mortgage Investment has a twelve month low of C$10.98 and a twelve month high of C$12.36. The firm has a market capitalization of C$574.87 million, a PE ratio of 11.58 and a beta of 0.70.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends funds in major urban centres in Canada where the stability and liquidity of real estate are high. Its objectives are to provide its shareholders with stable and secure dividends and preserve shareholders’ equity by lending within conservative risk parameters. The company generates its revenue from mortgage interest and fees.