Atrium Mortgage Investment Corporation Announces April 2025 Dividend

Core Points - Atrium Mortgage Investment Corporation has declared a dividend of $0.0775 per common share for April 2025, payable on May 13, 2025, to shareholders of record on April 30, 2025 [1] - The company currently pays monthly dividends at an annual rate of $0.93 per share, with a potential special dividend at year-end if declared dividends are less than taxable income for the fiscal year [2] - Atrium offers a Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest dividends in new shares at a 2% discount from market price without commissions, facilitating compound growth [3] Company Overview - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada where real estate stability and liquidity are high [4] - As a Mortgage Investment Corporation (MIC) under the Canada Income Tax Act, Atrium is not taxed on income as long as taxable income is distributed to shareholders as dividends within 90 days after year-end [5]