360 Capital Mortgage REIT (ASX:TCF) Insider Tony Pitt Purchases 2,000 Shares

360 Capital Mortgage REIT (ASX:TCF) insider Tony Pitt acquired 2,000 shares of the business’s stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average price of A$5.82 ($3.71) per share, with a total value of A$11,640.00 ($7,414.01).

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

• On Wednesday, April 9th, Tony Pitt bought 1,500 shares of 360 Capital Mortgage REIT stock. The stock was purchased at an average price of A$5.85 ($3.73) per share, for a total transaction of A$8,775.00 ($5,589.17).
• On Friday, February 21st, Tony Pitt purchased 10,000 shares of 360 Capital Mortgage REIT stock. The shares were purchased at an average cost of A$5.88 ($3.75) per share, for a total transaction of A$58,800.00 ($37,452.23).

360 Capital Mortgage REIT Price Performance

The stock has a market capitalization of $33.05 million and a price-to-earnings ratio of 13.08.

360 Capital Mortgage REIT Dividend Announcement

The firm also recently declared a Interim dividend, which was paid on Sunday, April 6th. Stockholders of record on Sunday, April 6th were issued a dividend of $0.05 per share. This represents a dividend yield of 0.85%. The ex-dividend date of this dividend was Thursday, March 27th. 360 Capital Mortgage REIT’s dividend 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.