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

Atrium Mortgage Investment Co. (TSE:AI) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders 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 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date is Friday, August 30th.

Atrium Mortgage Investment Price Performance

AI stock traded down C$0.23 during mid-day trading on Friday, reaching C$10.99. 34,633 shares of the company’s stock were exchanged, compared to its average volume of 31,153. The company has a market cap of C$486.97 million, a price-to-earnings ratio of 9.64 and a beta of 1.21. The stock’s 50 day moving average is C$10.92 and its 200 day moving average is C$11.11. The company has a debt-to-equity ratio of 77.81, a current ratio of 41.61 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$11.66.

Atrium Mortgage Investment (TSE:AI) last issued its quarterly earnings results on Tuesday, May 14th. The company reported C$0.27 earnings per share (EPS) for the quarter. The company had revenue of C$25.19 million for the quarter. Atrium Mortgage Investment had a return on equity of 10.75% and a net margin of 83.38%. On average, research analysts expect that Atrium Mortgage Investment will post 1.1699687 EPS for the current year.

About Atrium Mortgage Investment

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.