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

On 9/26/14, Atrium Mortgage Investment Corp (TSX: AI.TO) will trade ex-dividend, for its monthly dividend of $0.0683, payable on 10/13/14. As a percentage of AI's recent stock price of $11.50, this dividend works out to approximately 0.59%, so look for shares of Atrium Mortgage Investment Corp to trade 0.59% lower — all else being equal — when AI shares open for trading on 9/26/14.

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 7.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AI shares:

Atrium Mortgage Investment Corp 200 Day Moving Average Chart

Looking at the chart above, AI's low point in its 52 week range is $10.05 per share, with $12.18 as the 52 week high point — that compares with a last trade of $11.50.

In Wednesday trading, Atrium Mortgage Investment Corp shares are currently down about 1% on the day.

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