Atrium Mortgage Announces CFO Change and March Dividend

An announcement from Atrium Mortgage Invest ( (TSE:AI) ) is now available.

Atrium Mortgage Investment Corporation announced a leadership change in its finance department, with John Ahmad stepping down as CFO and Razvan Vulcu assuming the interim role. The company also declared a March 2025 dividend of $0.0775 per share, maintaining its commitment to providing stable returns to shareholders. The announcement highlights Atrium’s focus on ensuring smooth operational transitions and its dedication to shareholder value through consistent dividend payouts and a dividend reinvestment plan.

More about Atrium Mortgage Invest

Atrium Mortgage Investment Corporation is a leading non-bank lender in Canada, specializing in residential and commercial mortgages in major urban centers. The company aims to provide stable and secure dividends to its shareholders while preserving equity through conservative risk parameters. As a Mortgage Investment Corporation, Atrium is not taxed on income if it distributes its taxable income as dividends to shareholders, who then treat these dividends as interest income.

YTD Price Performance: -0.42%

Average Trading Volume: 101,097

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$506.1M

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