TORONTO, Sept. 19, 2012 (GLOBE NEWSWIRE) -- Atrium Mortgage Investment Corporation (TSX:AI) ("Atrium") announced today that its board of directors has declared cash dividends on the outstanding common shares of Atrium, which dividends are subject to adjustment at the discretion of Atrium's board of directors, as set out below:
|Record date||Period||Dividend payable date||Dividend amount per share|
|September 28, 2012||Third quarter||October 26, 2012||$0.20|
|October 31, 2012||October||November 28, 2012||$0.066667|
|November 30, 2012||November||December 27, 2012||$0.066667|
|December 31, 2012||December||January 29, 2013||$0.066667|
Atrium's dividend policy is set out in the non-offering (final) prospectus of Atrium dated August 24, 2012, as well as in Atrium's press release issued on August 31, 2012. Copies of both of these documents are available at www.sedar.com or at www.atriummic.com .
About AtriumAs a mortgage investment corporation, Atrium is a non-bank provider of residential and commercial real estate finance. Atrium lends in major urban centres in Canada where the stability and liquidity of real estate are at the highest levels. Canadian Mortgage Capital Corporation ("CMCC") is responsible for originating, underwriting, servicing and syndicating Atrium's mortgage loans. CMCC has been Atrium's exclusive manager since Atrium's formation and has grown Atrium's business to a mortgage portfolio of approximately $180 million. CMCC has been in the business of originating and underwriting mortgage loans for over 19 years and servicing mortgage loans for over 13 years.
CONTACT: For further information, please contact: Atrium Mortgage Investment Corporation Robert G. Goodall President and Chief Executive Officer (416) 607-4200 email@example.com www.atriummic.com