Atrium Mortgage Investment Co. Announces Monthly Dividend of $0.08 (TSE:AI)

Atrium Mortgage Investment Co. (TSE:AI) announced a monthly dividend on Thursday, July 4th, Zacks reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.075 per share on Tuesday, August 13th. This represents a $0.90 annualized dividend and a yield of 7.96%. The ex-dividend date is Wednesday, July 31st.

Atrium Mortgage Investment Stock Performance

Shares of TSE:AI opened at C$11.30 on Tuesday. The firm has a market cap of C$500.70 million, a PE ratio of 9.91 and a beta of 1.21. The firm’s 50 day simple moving average is C$10.90 and its 200-day simple moving average is C$11.10. Atrium Mortgage Investment has a one year low of C$9.76 and a one year high of C$11.66. The company has a debt-to-equity ratio of 77.81, a quick ratio of 102.54 and a current ratio of 41.61.

Atrium Mortgage Investment (TSE:AI) last issued its earnings results on Tuesday, May 14th. The company reported C$0.27 EPS for the quarter. The business had revenue of C$25.19 million for the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. As a group, equities analysts predict that Atrium Mortgage Investment will post 1.1699687 EPS for the current year.

Atrium Mortgage Investment Company Profile

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.