Atrium Mortgage Investment (AI) to Release Quarterly Earnings on Thursday

Atrium Mortgage Investment (TSE:AI) is scheduled to announce its earnings results after the market closes on Thursday, August 8th.

Atrium Mortgage Investment (TSE:AI) last released its quarterly earnings data on Tuesday, May 14th. The company reported C$0.27 earnings per share for the quarter. The firm had revenue of C$25.19 million for the quarter. Atrium Mortgage Investment had a net margin of 82.70% and a return on equity of 10.17%.

Atrium Mortgage Investment Stock Up 0.1 %

AI stock traded up C$0.01 during mid-day trading on Tuesday, reaching C$11.00. 30,468 shares of the company traded hands, compared to its average volume of 31,148. The firm’s 50 day moving average price is C$10.92 and its 200 day moving average price is C$11.11. The stock has a market cap of C$487.41 million, a price-to-earnings ratio of 9.99 and a beta of 1.22. The company has a quick ratio of 102.54, a current ratio of 99.39 and a debt-to-equity ratio of 76.52. Atrium Mortgage Investment has a fifty-two week low of C$9.76 and a fifty-two week high of C$11.66.

Atrium Mortgage Investment Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be paid a $0.075 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.90 annualized dividend and a yield of 8.18%. Atrium Mortgage Investment’s payout ratio is 81.82%.

About Atrium Mortgage Investment

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.