Toronto, Ontario--(Newsfile Corp. - May 1, 2018) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that
its board of directors has declared a dividend for the month of May 2018 of $0.075 per common share, to be paid June 12, 2018 to
shareholders of record May 31, 2018.
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 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
President and Chief Executive Officer
Jennifer Scoffield
Chief Financial Officer
(416) 867-1053
info@atriummic.com
www.atriummic.com
