Integrated Asset Management Corp. has raised its full-year dividend a penny to 8¢ a share after reporting an annual profit of $1.9 million, up from a year-earlier $1.2 million.
The asset management company today reported its net income on a per share basis rose to 7¢ from 6¢ in the year-earlier period.
Integrated Asset’s annual dividend was increased to 8¢ a share.
Total revenue waw $32.7 million, up from $32.4 million in the 2006 fiscal year.
The Toronto-based firm earns performance fees when investment returns outperform a designated benchmark.
Integrated Asset has about $3 billion in assets and committed capital under management in real estate, private corporate debt, private equity, managed futures, and retail alternative investments.