Atrium Mortgage Investment Corp (TSE:AI) declared a monthly dividend on Friday, May 26th, TickerTech reports. Investors of record on Monday, June 12th will be given a dividend of 0.0733 per share on Monday, June 12th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend is Friday, May 26th.
Atrium Mortgage Investment Corp (AI) traded down 0.17% on Tuesday, hitting $12.05. 60,811 shares of the company were exchanged. The stock’s 50-day moving average price is $11.91 and its 200-day moving average price is $12.02. Atrium Mortgage Investment Corp has a 52-week low of $11.20 and a 52-week high of $12.60. The stock has a market capitalization of $363.10 million and a P/E ratio of 12.40.
A number of equities analysts have recently weighed in on AI shares. TD Securities set a C$12.50 price target on Atrium Mortgage Investment Corp and gave the stock a “hold” rating in a report on Monday, May 1st. Fundamental Research reiterated a “top pick” rating and set a C$13.07 price target on shares of Atrium Mortgage Investment Corp in a report on Monday, May 1st.
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In other news, Director Nancy Lockhart sold 12,800 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of C$11.80, for a total transaction of C$151,040.00.
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.
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