Atrium Mortgage Investment Corporation Announces April 2013 Dividend
Thursday, April 18, 2013
Atrium Mortgage Investment Corporation Announces April 2013 Dividend15:41 EDT Thursday, April 18, 2013
Toronto, Ontario--(Newsfile Corp. - April 18, 2013) - Atrium Mortgage Investment Corporation (TSX: AI) will be paying its regular monthly dividend of $0.066667 per share on May 15, 2013 to shareholders of record April 30, 2013.
Atrium Mortgage Investment Corporation is a non-bank provider of residential and commercial real estate mortgages. Atrium lends primarily in major urban centres in Canada where the stability and liquidity of real estate are at the highest levels.
Atrium is a Mortgage Investment Corporation (MIC) as defined in Section 130.1(6) of the Canada Income Tax Act (ITA). Accordingly, the company is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by Atrium had been made directly by the shareholder.
For further information, please contact:
Atrium Mortgage Investment Corporation
Robert G. Goodall
President and Chief Executive Officer