Atrium Mortgage Investment Corporation Announces Increased December 2024 Dividend and Portfolio Update
Atrium Mortgage Investment has announced a dividend increase for December 2024. The monthly dividend of $0.0775 per common share will be paid on January 10, 2025, to shareholders of record December 31, 2024, representing a 3.3% increase in the annual dividend rate from $0.90 to $0.93 per share.
The company will also pay a special dividend in Q1 2025 to shareholders of record December 31, 2024, with the amount to be determined upon announcing 2024 results. Notably, Atrium has made significant progress in resolving high-risk loans, with approximately 60% of Stage 2 and Stage 3 loans being repaid since Q3, reducing higher risk loans in the portfolio from 14.0% to 5.6%.
Atrium Mortgage Investment ha annunciato un aumento del dividendo per dicembre 2024. Il dividendo mensile di $0.0775 per azione ordinaria sarà pagato il 10 gennaio 2025 agli azionisti registrati il 31 dicembre 2024, rappresentando un aumento del 3,3% del tasso di dividendo annuale da $0.90 a $0.93 per azione.
L'azienda pagherà anche un dividendo speciale nel primo trimestre del 2025 agli azionisti registrati il 31 dicembre 2024, con l'importo che sarà determinato al momento dell'annuncio dei risultati del 2024. È importante notare che Atrium ha fatto significativi progressi nella risoluzione dei prestiti ad alto rischio, con circa il 60% dei prestiti di Fase 2 e Fase 3 rimborsati dal terzo trimestre, riducendo i prestiti ad alto rischio nel portafoglio dal 14,0% al 5,6%.
Atrium Mortgage Investment ha anunciado un aumento del dividendo para diciembre de 2024. El dividendo mensual de $0.0775 por acción común se pagará el 10 de enero de 2025 a los accionistas registrados al 31 de diciembre de 2024, lo que representa un aumento del 3.3% en la tasa de dividendo anual de $0.90 a $0.93 por acción.
La compañía también pagará un dividendo especial en el primer trimestre de 2025 a los accionistas registrados al 31 de diciembre de 2024, con el monto a determinarse al anunciar los resultados de 2024. Cabe destacar que Atrium ha logrado un progreso significativo en la resolución de préstamos de alto riesgo, con aproximadamente el 60% de los préstamos de Etapa 2 y Etapa 3 reembolsados desde el tercer trimestre, reduciendo los préstamos de mayor riesgo en la cartera del 14.0% al 5.6%.
아트리움 모기지 투자는 2024년 12월 배당금 증가를 발표했습니다. 월간 배당금 주당 $0.0775는 2025년 1월 10일에 2024년 12월 31일 기준 주주에게 지급될 예정이며, 이는 연간 배당률을 3.3% 증가시켜 $0.90에서 $0.93로 올리는 것을 의미합니다.
회사는 또한 2025년 1분기에 2024년 12월 31일 기준 주주에게 특별 배당금을 지급할 예정이며, 금액은 2024년 실적 발표 시 결정될 것입니다. 아트리움은 고위험 대출 해결에서 상당한 진전을 이뤄냈으며, 대출의 약 60%가 3분기 이후 상환되어 포트폴리오 내 고위험 대출 비율이 14.0%에서 5.6%로 감소했습니다.
Atrium Mortgage Investment a annoncé une augmentation de son dividende pour décembre 2024. Le dividende mensuel de 0,0775 $ par action ordinaire sera versé le 10 janvier 2025 aux actionnaires enregistrés au 31 décembre 2024, représentant une augmentation de 3,3% du taux de dividende annuel, passant de 0,90 $ à 0,93 $ par action.
La société versera également un dividende spécial au premier trimestre de 2025 aux actionnaires enregistrés au 31 décembre 2024, le montant étant déterminé lors de l'annonce des résultats de 2024. Notamment, Atrium a réalisé des progrès significatifs dans la résolution des prêts à haut risque, avec environ 60% des prêts de stade 2 et 3 remboursés depuis le troisième trimestre, réduisant ainsi les prêts à plus haut risque dans le portefeuille de 14,0 % à 5,6 %.
Atrium Mortgage Investment hat eine Erhöhung der Dividende für Dezember 2024 angekündigt. Die monatliche Dividende von $0.0775 pro Stammaktie wird am 10. Januar 2025 an die Aktionäre bezahlt, die am 31. Dezember 2024 im Aktienregister eingetragen sind, was einer 3,3% Erhöhung des jährlichen Dividendenatzes von $0,90 auf $0,93 pro Aktie entspricht.
Das Unternehmen wird außerdem im ersten Quartal 2025 eine Sonderdividende an die Aktionäre zahlen, die am 31. Dezember 2024 im Aktienregister eingetragen sind, wobei die Höhe bei der Bekanntgabe der Ergebnisse für 2024 bekannt gegeben wird. Bemerkenswerterweise hat Atrium erhebliche Fortschritte bei der Lösung von Hochrisikokrediten gemacht, da ungefähr 60% der Kredite der Stufen 2 und 3 seit dem dritten Quartal zurückgezahlt wurden, wodurch der Anteil der höherem Risiko Kredite im Portfolio von 14,0% auf 5,6% gesenkt wurde.
- Monthly dividend increased by 3.3% to $0.0775 per share
- Special dividend announced for Q1 2025
- 60% reduction in high-risk loans since Q3 2024
- Higher risk loans in portfolio decreased from 14.0% to 5.6%
- Real estate markets remain challenging according to company statement
Toronto, Ontario--(Newsfile Corp. - December 11, 2024) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of December 2024 of
In addition, Atrium will pay a special dividend to shareholders of record December 31, 2024 within the first quarter of 2025. The amount of the special dividend will be determined when Atrium announces its 2024 results.
Atrium has also made material progress, as anticipated, in terms of resolving loans classified as Stage 2 (significant increase in credit risk) and Stage 3 (impaired), which totaled
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
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.sedarplus.ca or Atrium's website at www.atriummic.com.
For further information, please contact
Robert G. Goodall
Chief Executive Officer
John Ahmad
Chief Financial Officer
(416) 867-1053
info@atriummic.com
www.atriummic.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233425
FAQ
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