Atrium Mortgage Investment Corp (TSE:AI) announced a monthly dividend on Wednesday, August 2nd, Zacks reports. Stockholders of record on Thursday, August 31st will be paid a dividend of 0.073 per share on Tuesday, September 12th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date of this dividend is Tuesday, August 29th.
Shares of Atrium Mortgage Investment Corp (AI) traded down 0.24% during midday trading on Thursday, hitting $12.29. The stock had a trading volume of 6,515 shares. The stock has a market capitalization of $371.28 million and a price-to-earnings ratio of 12.80. The stock has a 50 day moving average price of $12.17 and a 200-day moving average price of $12.05. Atrium Mortgage Investment Corp has a 52 week low of $11.20 and a 52 week high of $12.60.
TRADEMARK VIOLATION WARNING: This report was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://stocknewstimes.com/2017/08/03/atrium-mortgage-investment-corp-ai-declares-monthly-dividend-of-0-07.html.
In other Atrium Mortgage Investment Corp news, Director Nancy Lockhart sold 12,800 shares of Atrium Mortgage Investment Corp stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of C$11.80, for a total value of C$151,040.00.
Several analysts recently commented on the company. TD Securities set a C$12.50 price objective on Atrium Mortgage Investment Corp and gave the stock a “hold” rating in a research note on Monday, May 1st. Fundamental Research reissued a “top pick” rating and issued a C$13.07 price target on shares of Atrium Mortgage Investment Corp in a research note on Monday, May 1st.
Atrium Mortgage Investment Corp Company Profile
Atrium Mortgage Investment Corporation is a non-bank lender. The Company provides residential and commercial mortgages that lends in urban centers in Canada. Its mortgages are secured by all types of residential, multi-residential and commercial real property located in Canada. Its investment objectives are to preserve its shareholders equity and provide its shareholders with stable and secure dividends from its investments in mortgage loans.
Receive News & Ratings for Atrium Mortgage Investment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atrium Mortgage Investment Corp and related companies with MarketBeat.com's FREE daily email newsletter.
