04:23:15 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Atrium Mortgage Investment Corp
Symbol AI
Shares Issued 43,857,341
Close 2023-11-03 C$ 10.70
Market Cap C$ 469,273,549
Recent Sedar Documents

Atrium to pay dividend, to release Q3 results Nov. 14

2023-11-03 16:58 ET - News Release

Mr. Robert Goodall reports

ATRIUM MORTGAGE INVESTMENT CORPORATION ANNOUNCES NOVEMBER 2023 DIVIDEND AND Q3 2023 INVESTOR CONFERENCE CALL DETAILS

Atrium Mortgage Investment Corp.'s board of directors has declared a dividend for the month of November, 2023, of 7.5 cents per common share, to be paid Dec. 12, 2023, to shareholders of record Nov. 30, 2023.

Atrium pays monthly dividends currently at an annual rate of 90 cents 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.

Atrium will be releasing its financial results for the quarter ended Sept. 30, 2023, at the end of the day on Tuesday, Nov. 14, 2023.

Interested parties are invited to participate in a conference call with management on Wednesday, Nov. 15, 2023, at 4 p.m. ET to discuss the results.

To participate or listen to the conference call live, please call 1-888-886-7786 or 416-764-8658, conference ID 97012059.

For a replay of the conference call (available until Nov. 28, 2023) please call 1-877-674-6060, conference ID 012059 followed by the pound key.

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-per-cent 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 adviser.

About Atrium Mortgage Investment Corp.

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 it is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after Dec. 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.

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