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

Atrium Mortgage Investment Co. (TSE:AI) announced a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Friday, August 30th will be paid a dividend of 0.075 per share on Thursday, September 12th. This represents a $0.90 annualized dividend and a yield of 7.71%. The ex-dividend date of this dividend is Friday, August 30th.

Atrium Mortgage Investment Price Performance

Shares of AI opened at C$11.67 on Wednesday. Atrium Mortgage Investment has a 52-week low of C$9.76 and a 52-week high of C$11.71. The company has a debt-to-equity ratio of 78.58, a quick ratio of 102.54 and a current ratio of 62.51. The business’s 50 day moving average price is C$11.06 and its two-hundred day moving average price is C$11.13. The firm has a market cap of C$518.26 million, a PE ratio of 11.22 and a beta of 1.22.

Analyst Upgrades and Downgrades

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

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.