360 Capital Mortgage REIT (ASX:TCF) Insider Tony Pitt Buys 10,000 Shares

360 Capital Mortgage REIT (ASX:TCF) insider Tony Pitt purchased 10,000 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were purchased at an average cost of A$5.88 ($3.65) per share, with a total value of A$58,800.00 ($36,521.74).

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

• On Friday, November 29th, Tony Pitt acquired 6,000 shares of 360 Capital Mortgage REIT stock. The shares were bought at an average price of A$5.93 ($3.68) per share, with a total value of A$35,580.00 ($22,099.38).

360 Capital Mortgage REIT Stock Performance

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

360 Capital Mortgage REIT Cuts Dividend

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

About 360 Capital Mortgage REIT

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.