Toronto, Ontario--(Newsfile Corp. - July 9, 2014) - Atrium Mortgage Investment Corporation
(TSX: AI) is pleased to announce that its board of directors has declared a
monthly dividend of $0.068333 per share to be paid August 13, 2014 to
shareholders of record July 31, 2014.
Atrium continues to pay monthly dividends at an annual rate of
$0.82, plus a special dividend to shareholders of record at year-end to top-up
the total dividends so that they equal its earnings in the 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.
About Atrium
Canada's Premier Non-Bank Lender™
Atrium is a non-bank provider of residential and commercial
mortgages that lends in major urban centres in Canada where the stability and
liquidity of real estate are high. Atrium's objectives are to provide its
shareholders with stable and secure dividends and preserve shareholders' equity
by lending within conservative risk parameters.
Atrium is a Mortgage Investment Corporation (MIC) as defined in
the Canada Income Tax Act, so is not taxed on income provided that its
taxable income is paid to its shareholders in the form of dividends within 90
days after December 31 each year. Such dividends are generally treated by
shareholders as interest income, so that each shareholder is in the same
position as if the mortgage investments made by the company had been made
directly by the shareholder. For further information, please refer to regulatory
filings available at www.sedar.com or Atrium's website at
www.atriummic.com.
For further information, please contact
| Robert G. Goodall |
Jeffrey D. Sherman |
| President and Chief Executive Officer |
Chief Financial Officer |
(416) 607-4200
ir@atriummic.com
www.atriummic.com
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