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Atrium Mortgage Investment Corp T.AI

Alternate Symbol(s):  T.AI.DB.C | AMIVF | T.AI.DB.D | T.AI.DB.E | T.AI.DB.F | T.AI.DB.G

Atrium Mortgage Investment Corporation is a non-bank lender, which provides financing solutions to commercial real estate and development communities in urban centers in Canada. It provides residential and commercial mortgages that lend in urban centers 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. It provides a range of lending, which includes land and development financing, construction and mezzanine financing, commercial term and bridge financing, and residential mortgages. It invests in various categories of mortgages, such as house and apartment, low-rise residential, construction, high-rise residential, mid-rise residential, commercial and condominium corporations. It has a range of property and loan types, including land for redevelopment, bridge and term financing, residential apartment buildings, industrial properties and retail properties.


TSX:AI - Post by User

Comment by SusanBollandon Nov 16, 2021 3:12pm
237 Views
Post# 34133250

RE:November 2021 Dividend

RE:November 2021 Dividend
Betteryear2 wrote:

Toronto, Ontario--(Newsfile Corp. - November 4, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of November 2021 of $0.075 per common share, to be paid December 14, 2021 to shareholders of record November 30, 2021.

Atrium pays monthly dividends currently at an annual rate of $0.90 per share, plus a special dividend to shareholders of record at year-end in the event the dividends declared are less than taxable income for that fiscal year.

Shareholders are reminded that Atrium offers a dividend reinvestment plan (DRIP) that allows them to automatically reinvest their dividends in new shares of Atrium at a 2% discount from market price and with no commissions. This provides shareholders with an easy way to realize the benefits of compound growth of their investment in Atrium. Shareholders can enroll in the DRIP program by contacting their investment advisor.

https://www.newsfilecorp.com/release/102023



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