Atrium Mortgage Investment Corporation Declares A Dividend for the Month of January 2021, Payable on February 12, 2021
January 14, 2021 at 08:50 am EST
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Atrium Mortgage Investment Corporation announced its regular monthly dividend policy for 2021 at an annual rate of $0.90 per share, payable at a monthly rate of $0.075 per share. Each dividend is payable after it is declared by the company's board of directors. The board of directors has declared a dividend for the month of January 2021 of $0.075 per common share, to be paid February 12, 2021 to shareholders of record January 29, 2021. The company has reinstated its dividend reinvestment plan commencing with the dividend payable on February 12, 2021 to shareholders of record on January 29, 2021.
Atrium Mortgage Investment Corporation is a non-bank lender, which provides financing solutions to commercial real estate and development communities in urban centers in Canada. It provides residential and commercial mortgages that lend in urban centers in Canada. Its investment objectives are to preserve its shareholdersâ equity and provide its shareholders with stable and secure dividends from its investments in mortgage loans. It provides a range of lending, which includes land and development financing, construction and mezzanine financing, commercial term and bridge financing, and residential mortgages. It invests in various categories of mortgages, such as house and apartment, low-rise residential, construction, high-rise residential, mid-rise residential, commercial and condominium corporations. It has a range of property and loan types, including land for redevelopment, bridge and term financing, residential apartment buildings, industrial properties and retail properties.