Atrium Mortgage Investment Co. to Issue Monthly Dividend of $0.08 (TSE:AI)

Atrium Mortgage Investment Co. (TSE:AI) declared a monthly dividend on Thursday, September 5th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.075 per share on Friday, October 11th. This represents a $0.90 annualized dividend and a dividend yield of 7.81%. The ex-dividend date of this dividend is Monday, September 30th.

Atrium Mortgage Investment Stock Performance

Shares of Atrium Mortgage Investment stock opened at C$11.53 on Friday. The company has a debt-to-equity ratio of 78.58, a current ratio of 62.51 and a quick ratio of 102.54. Atrium Mortgage Investment has a 12 month low of C$9.76 and a 12 month high of C$11.74. The stock has a market capitalization of C$512.05 million, a price-to-earnings ratio of 11.08 and a beta of 1.22. The business has a 50-day moving average of C$11.19 and a 200 day moving average of C$11.15.

Atrium Mortgage Investment (TSE:AI) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.26 EPS for the quarter. Atrium Mortgage Investment had a return on equity of 9.48% and a net margin of 81.77%. The business had revenue of C$24.93 million for the quarter. As a group, sell-side analysts forecast that Atrium Mortgage Investment will post 1.0303301 earnings per share for the current year.

Analyst Ratings Changes

Separately, Fundamental Research set a C$13.03 target price on Atrium Mortgage Investment and gave the stock a “buy” rating in a research report 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.