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TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Atrium Mortgage Investment Corp (AMIVF) is a mortgage investment corporation in Canada.

The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada.

The company generates its revenue from mortgage interest fees and rental income.

Atrium Mortgage Investment Corporation was incorporated in 2001 and is headquartered in Toronto, Canada.

Three key data points gauge Atrium or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

AMIVF Price

Over the past year, Atrium’s share price rose about 3% from $7.88 to $8.12 as of Friday’s market close. In the past ten years, the company’s share price has never been less than $6.45 or more than $12.00.

If AMIVF shares trade in the range of $7.00 to $10.00 this next year, the recent $8.12 share price might rise by $0.38 to $8.50 in a year. Of course, AMIFV price could also drop about the same $0.38 estimated amount or more.

My $0.38 upside estimate is a little above the average annual gain over the past four years.

AMIVF Dividend

Atrium shows monthly variable dividends paid since January 2014. The most recent $0.6 SA dividend was declared August 1st for shareholders of record August 30th is was payable September 12th. A forward-looking $.66 annual dividend yields 8.09% at Friday’s closing price.

AMIVF Returns

To put it all together, a $1.04 estimated one-year gross gain per share shows up when adding Atrium’s  $0.66 estimated annual dividend to the estimated price upside of $0.38, equalling that $1.04 gross gain per share.

A little over $1000 buys us 123 shares at the $8.12 share price.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might take about $0.08 per share out of the $1.04 annual estimated gross gain to give us a net gain of $0.96 X 123 shares = $118.08 for about a 11.8% estimated net gain for the year.

Furthermore, the $80.90 annual dividend income from $1K invested is almost 10 times more than Atrium’’s $8.12 single share price. By these numbers, Atrium may be an ideal dividend dog.

You might choose to pounce on Atrium Mortgage investment It is a 23-year-old dividend-paying Toronto-based mortgage and management firm with almost a 20-year record paying monthly dividends.

The exact track of AMIVF's future price and dividend will entirely be determined by market action.

Remember the true value of any stock is best realized through personal ownership of shares.

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