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Atrium Mortgage Invest ( (TSE:AI) ) just unveiled an update.
Atrium Mortgage Investment Corporation has announced a dividend of $0.0775 per common share for February 2025, payable on March 12, 2025. The company also offers a dividend reinvestment plan allowing shareholders to reinvest dividends in new shares at a 2% discount. This announcement underscores Atrium’s commitment to providing stable returns and opportunities for compound growth to its stakeholders, while maintaining its position as a leading non-bank mortgage provider in Canada.
More about Atrium Mortgage Invest
Atrium Mortgage Investment Corporation is a leading non-bank lender specializing in residential and commercial mortgages in major urban centers across Canada. The company focuses on providing stable and secure dividends to its shareholders while preserving equity through conservative lending practices. As a Mortgage Investment Corporation, Atrium is not taxed on income as long as its taxable income is distributed to shareholders as dividends.
YTD Price Performance: -0.65%
Average Trading Volume: 97,206
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$507.5M
Find detailed analytics on AI stock on TipRanks’ Stock Analysis page.