Atrium Mortgage Investment Co. (AI) To Go Ex-Dividend on November 29th

Atrium Mortgage Investment Co. (TSE:AI) declared a monthly dividend on Monday, November 4th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.075 per share on Thursday, December 12th. This represents a $0.90 annualized dividend and a yield of 7.91%. The ex-dividend date of this dividend is Friday, November 29th.

Atrium Mortgage Investment Price Performance

TSE AI opened at C$11.38 on Wednesday. The firm’s fifty day simple moving average is C$11.30 and its two-hundred day simple moving average is C$11.18. The company has a current ratio of 62.51, a quick ratio of 102.54 and a debt-to-equity ratio of 78.58. Atrium Mortgage Investment has a 12-month low of C$9.95 and a 12-month high of C$12.00. The firm has a market capitalization of C$506.64 million, a P/E ratio of 10.94 and a beta of 1.21.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$13.03 price target on shares of Atrium Mortgage Investment and gave the company a “buy” rating in a report on Tuesday, August 20th.

Insider Activity at Atrium Mortgage Investment

In other Atrium Mortgage Investment news, Director Mark Silver bought 2,854 shares of Atrium Mortgage Investment stock in a transaction dated Friday, October 4th. The stock was acquired at an average cost of C$11.45 per share, with a total value of C$32,678.30. 4.45% of the stock is owned by corporate insiders.

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.