Armada Mortgage
Finance · Canada · 11-50 Employees
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Overview
Headquarters
11951 224th St, Maple Ridge, British Col...Phone Number
(604) 467-6449Website
www.armadamortgage.comRevenue
<$5 MillionIndustry
ZI Rank: 1
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ZI Rank
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About Armada Mortgage
Langley Mortgage Investment is a Mortgage Investment Corporation (MIC) based in British Columbia, Canada, with over 30 years of experience in lending and investing. The company specializes in providing alternative mortgage solutions for borrowers who have been declined by traditional banks, as well as offering investment opportunities for clients looking to diversify their portfolios. Their services include residential, construction, and serviced land mortgages, with a focus on community support and helping families access necessary funding. Investors can benefit from RRSP, RRIF, and TFSA eligible investments, with a strong track record of yields since 2003.Explore more
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Armada Mortgage News & Media
Armada Mortgage Corp. Announces Increase in Dividend
Langley, British Columbia--(Newsfile Corp. - May 17, 2023) - Armada Mortgage Corp. ("Armada" or "The Company) is pleased to announce a monthly dividend increase to 6.5% in response to The Company's steady growth. Shareholders have the option to have dividends paid out or have them DRIP (Dividend Reinvestment Plan) and converted into shares. Armada's net yield for 2022 was 7.35% for shares with dividends accruing, bringing the historical average to 6.84% since The Company's inceptionArmada Mortgage Corp. Announces Increase in Dividend
Langley, British Columbia--(Newsfile Corp. - February 6, 2023) - Armada Mortgage Corp. ("Armada" or the "Company") is pleased to announce a monthly dividend increase to 6% in response to the company's steady growth. Shareholders have the option to have dividends paid out or DRIP (Dividend Reinvestment Plan) and converted into shares. As of February 1st, Armada's Assets Under Management ("AUM") are nearing $48 million, with a growth of 16% over the last year. The Company's...Armada Mortgage Corp. Announces Increase in Dividend
Langley, British Columbia--(Newsfile Corp. - November 24, 2022) - Armada Mortgage Corp. ("Armada") is pleased to announce a monthly dividend increase to 5.85% in response to the company's steady growth. At year end, shareholders have the option to have retained earning paid out or DRIP and converted into shares.Armada's portfolio has been steadily increasing throughout the year, with the mortgage portfolio sitting at $46.7 million as of September 30, 2022, including $9.74 million in new...
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Langley Mortgage Investment is a Mortgage Investment Corporation (MIC) based in British Columbia, Canada, with over 30 years of experience in lending and investing. The company specializes in providing alternative mortgage solutions for borrowers who have been declined by traditional banks, as well as offering investment opportunities for clients l... Read More
