360 Capital Mortgage REIT (ASX:TCF) to Issue Dividend Increase – $0.04 Per Share

Posted by Scott Moore on Jul 28th, 2024

360 Capital Mortgage REIT (ASX:TCF – Get Free Report) announced a interim dividend on Tuesday, July 23rd, MarketIndexAU reports. Stockholders of record on Tuesday, August 6th will be paid a dividend of 0.042 per share on Tuesday, August 6th. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, July 29th. This is a boost from 360 Capital Mortgage REIT’s previous interim dividend of $0.04.

360 Capital Mortgage REIT Stock Performance

Insider Activity at 360 Capital Mortgage REIT

In other 360 Capital Mortgage REIT news, insider Tony Pitt acquired 18,849 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were acquired at an average cost of A$5.15 ($3.43) per share, with a total value of A$97,072.35 ($64,714.90). Insiders have bought a total of 101,481 shares of company stock worth $524,773 over the last quarter. Insiders own 12.42% of the company’s stock.

360 Capital Mortgage REIT Company Profile

(Get Free Report)

360 Capital Mortgage REIT is a closed-ended fixed income mutual fund launched and managed by Elstree Investment Management Limited. The fund invests in the fixed income markets of Australia. It invests in a range of fixed income and hybrid securities, and other debt securities issued by government bodies, companies and specialist financing vehicles.