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AI C3 AI Inc

30.38
-0.20 (-0.65%)
Last Updated: 20:27:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
C3 AI Inc NYSE:AI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -0.65% 30.38 31.5142 29.74 30.83 3,692,959 20:27:50

Atrium Mortgage Investment Corporation Announces July 2014 Dividend

09/07/2014 1:00pm

GlobeNewswire Inc.


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Atrium Mortgage Investment Corporation (TSX:AI) is pleased to announce that its board of directors has declared a monthly dividend of $0.068333 per share to be paid August 13, 2014 to shareholders of record July 31, 2014.

Atrium continues to pay monthly dividends at an annual rate of $0.82, plus a special dividend to shareholders of record at year-end to top-up the total dividends so that they equal its earnings in the year.

Shareholders are reminded that Atrium offers a dividend reinvestment plan (DRIP) that allows them to automatically reinvest their dividends in new shares of Atrium at a 2% discount from market price and with no commissions. This provides shareholders with an easy way to realize the benefits of compound growth of their investment in Atrium. Shareholders can enroll in the DRIP program by contacting their investment advisor.

About Atrium

Canada's Premier Non-Bank Lender™

Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.

Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, so 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 the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at www.sedar.com or Atrium's website at www.atriummic.com.

CONTACT: Robert G. Goodall
         President and Chief Executive Officer
         Jeffrey D. Sherman
         Chief Financial Officer
         
         (416) 607-4200
         ir@atriummic.com
         www.atriummic.com

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