360 Capital Mortgage REIT (ASX:TCF) Insider Acquires A$58,800.00 in Stock

360 Capital Mortgage REIT (ASX:TCF) insider Tony Pitt acquired 10,000 shares of 360 Capital Mortgage REIT stock in a transaction that occurred on Friday, February 21st. The shares were purchased at an average cost of A$5.88 ($3.72) per share, with a total value of A$58,800.00 ($37,215.19).

Tony Pitt also recently made the following trade(s):

• On Friday, November 29th, Tony Pitt bought 6,000 shares of 360 Capital Mortgage REIT stock. The shares were bought at an average price of A$5.93 ($3.75) per share, with a total value of A$35,580.00 ($22,518.99).

360 Capital Mortgage REIT Stock Performance

The stock has a market cap of $33.05 million and a PE ratio of 13.08.

360 Capital Mortgage REIT Cuts Dividend

The business also recently announced a Interim dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a yield of 0.85%. 360 Capital Mortgage REIT’s payout ratio is presently 93.33%.

360 Capital Mortgage REIT Company Profile

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.