Ex-Div Reminder for Atrium Mortgage Investment (AI)

On 5/27/15, Atrium Mortgage Investment Corp (TSX: AI.TO) will trade ex-dividend, for its monthly dividend of $0.07, payable on 6/12/15. As a percentage of AI's recent stock price of $12.13, this dividend works out to approximately 0.58%, so look for shares of Atrium Mortgage Investment Corp to trade 0.58% lower — all else being equal — when AI shares open for trading on 5/27/15.

Below is a dividend history chart for AI, showing historical dividends prior to the most recent $0.07 declared by Atrium Mortgage Investment Corp:

AI+Dividend+History+Chart

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 6.92% 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 $10.57 per share, with $12.89 as the 52 week high point — that compares with a last trade of $12.13.

In Tuesday trading, Atrium Mortgage Investment Corp shares are currently off about 0.6% on the day.

More from Stocks

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit