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

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

Atrium Mortgage Investment Stock Down 0.3 %

TSE:AI opened at C$11.53 on Friday. The firm has a market capitalization of C$512.05 million, a PE ratio of 11.08 and a beta of 1.22. Atrium Mortgage Investment has a 52 week low of C$9.76 and a 52 week high of C$11.74. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58. The stock 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 earnings results on Thursday, August 8th. The company reported C$0.26 EPS for the quarter. Atrium Mortgage Investment had a net margin of 81.77% and a return on equity of 9.48%. The firm had revenue of C$24.93 million during the quarter. Analysts predict that Atrium Mortgage Investment will post 1.0303301 EPS for the current year.

Analyst Ratings Changes

Separately, Fundamental Research set a C$13.03 price target on shares of Atrium Mortgage Investment and gave the stock 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.