Atrium Mortgage Investment Corporation Announces April 2025 Dividend
Rhea-AI Summary
Atrium Mortgage Investment (TSX: AI) has declared its April 2025 monthly dividend of $0.0775 per common share, payable on May 13, 2025, to shareholders of record as of April 30, 2025. The company maintains an annual dividend rate of $0.93 per share, with potential additional special dividends at year-end if declared dividends are below taxable income.
The company offers a Dividend Reinvestment Plan (DRIP) allowing shareholders to automatically reinvest their dividends in new shares at a 2% discount from market price with no commissions, enabling compound growth benefits. Shareholders can enroll in the DRIP through their investment advisors.
Positive
- Monthly dividend payment of $0.0775 per share maintained
- 2% discount offered on DRIP participation
- No commission charges for DRIP participants
- Additional special dividend potential at year-end
Negative
- None.
Toronto, Ontario--(Newsfile Corp. - April 3, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of April 2025 of
Atrium pays monthly dividends currently at an annual rate of
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
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.sedarplus.ca or Atrium's website at www.atriummic.com.
For further information, please contact
Robert G. Goodall
Chief Executive Officer
Razvan Vulcu
Interim Chief Financial Officer
(416) 867-1053
info@atriummic.com
www.atriummic.com

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