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

Atrium Mortgage Investment Co. (TSE:AI) announced a monthly dividend on Monday, November 4th, Zacks reports. Investors of record on Friday, November 29th will be paid a dividend of 0.075 per share on Thursday, December 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date is Friday, November 29th.

Atrium Mortgage Investment Stock Performance

AI traded down C$0.02 on Wednesday, hitting C$10.97. 19,449 shares of the company’s stock were exchanged, compared to its average volume of 39,903. The firm has a market cap of C$488.38 million, a PE ratio of 10.57 and a beta of 1.21. The stock has a fifty day moving average of C$11.44 and a two-hundred day moving average of C$11.18. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58. Atrium Mortgage Investment has a twelve month low of C$9.95 and a twelve month high of C$12.00.

Atrium Mortgage Investment (TSE:AI) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.26 earnings per share (EPS) for the quarter. Atrium Mortgage Investment had a net margin of 81.77% and a return on equity of 9.48%. The business had revenue of C$24.93 million during the quarter. On average, research analysts anticipate that Atrium Mortgage Investment will post 1.0597015 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Fundamental Research set a C$13.03 price target on shares of Atrium Mortgage Investment and gave the company a “buy” rating in a report on Tuesday, August 20th.

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.