Cash Dividend On The Way From Atrium Mortgage Investment (AI)

On 2/26/14, Atrium Mortgage Investment Corp (TSX: AI.TO) will trade ex-dividend, for its monthly dividend of $0.0683, payable on 3/13/14. As a percentage of AI's recent stock price of $11.13, this dividend works out to approximately 0.61%, so look for shares of Atrium Mortgage Investment Corp to trade 0.61% lower — all else being equal — when AI shares open for trading on 2/26/14.

Below is a dividend history chart for AI, showing historical dividends prior to the most recent $0.0683 declared by Atrium Mortgage Investment Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AI is likely to continue, and whether the current estimated yield of 7.37% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Atrium Mortgage Investment Corp shares are currently up about 1.2% on the day.

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