360 Capital Mortgage REIT (ASX:TCF) Raises Dividend to $0.05 Per Share

Posted by Cheyenne Larson on Jan 27th, 2025

360 Capital Mortgage REIT (ASX:TCF – Get Free Report) declared a interim dividend on Monday, January 27th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, February 6th will be given a dividend of 0.052 per share on Thursday, February 6th. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, January 29th. This is a boost from 360 Capital Mortgage REIT’s previous interim dividend of $0.05.

360 Capital Mortgage REIT Stock Performance

Insider Activity

In other news, insider Tony Pitt bought 6,000 shares of 360 Capital Mortgage REIT stock in a transaction on Friday, November 29th. The shares were bought at an average cost of A$5.93 ($3.73) per share, with a total value of A$35,580.00 ($22,377.36). Company insiders own 12.42% of the company’s stock.

About 360 Capital Mortgage REIT

(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.