Atrium Mortgage Investment Corporation Declares Dividend for the Month of January 2018, Payable on February 12, 2018
January 09, 2018 at 09:20 am EST
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Atrium Mortgage Investment Corporation announced an increase in its regular monthly dividend policy in 2018 to an annual rate of $0.90 per share, payable at a monthly rate of $0.075 per share. This represents an increase from the 2017 annual rate of $0.88 per share. Each dividend is payable after it is declared by Atrium's board of directors. Atrium's board of directors has
declared a dividend for the month of January 2018 of $0.075 per common share, to be paid February 12, 2018 to shareholders of record January 31, 2018.
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 shareholdersâ 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.