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

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

Atrium Mortgage Investment Price Performance

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

About Atrium Mortgage Investment

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.