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Atrium Mortgage Investment Corporation Announces February 2025 Dividend
AIC3.ai(AI) Newsfile·2025-02-05 22:00

Group 1 - Atrium Mortgage Investment Corporation has declared a dividend of 0.0775percommonshareforFebruary2025,payableonMarch12,2025,toshareholdersofrecordonFebruary28,2025[1]Thecompanycurrentlypaysmonthlydividendsatanannualrateof0.0775 per common share for February 2025, payable on March 12, 2025, to shareholders of record on February 28, 2025 [1] - The company currently pays monthly dividends at an annual rate of 0.93 per share and will issue a special dividend for fiscal 2024, the amount of which will be announced with the 2024 financial results [2] - Atrium offers a Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest dividends in new shares at a 2% discount from market price, facilitating compound growth of their investment [3] Group 2 - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada with high stability and liquidity in real estate [4] - As a Mortgage Investment Corporation (MIC), Atrium is not taxed on income as long as taxable income is distributed to shareholders as dividends within 90 days after year-end [5]