Atrium Mortgage Investment Co. (AI) to Issue Monthly Dividend of $0.08 on September 12th

Atrium Mortgage Investment Co. (TSE:AI) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Friday, August 30th will be given a dividend of 0.075 per share on Thursday, September 12th. This represents a $0.90 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date is Friday, August 30th.

Atrium Mortgage Investment Stock Performance

AI stock traded down C$0.23 during midday trading on Friday, reaching C$10.99. 34,633 shares of the company were exchanged, compared to its average volume of 31,153. The company has a debt-to-equity ratio of 77.81, a current ratio of 41.61 and a quick ratio of 102.54. The business has a 50-day moving average price of C$10.92 and a two-hundred day moving average price of C$11.11. Atrium Mortgage Investment has a one year low of C$9.76 and a one year high of C$11.66. The firm has a market capitalization of C$486.97 million, a price-to-earnings ratio of 9.64 and a beta of 1.21.

Atrium Mortgage Investment (TSE:AI) last announced its earnings results on Tuesday, May 14th. The company reported C$0.27 earnings per share (EPS) for the quarter. The company had revenue of C$25.19 million during the quarter. Atrium Mortgage Investment had a net margin of 83.38% and a return on equity of 10.75%. Equities research analysts forecast 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.