360 Capital Mortgage REIT (ASX:TCF) Insider Tony Pitt Acquires 6,000 Shares

360 Capital Mortgage REIT (ASX:TCF) insider Tony Pitt purchased 6,000 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were acquired at an average cost of A$5.93 ($3.85) per share, for a total transaction of A$35,580.00 ($23,103.90).

360 Capital Mortgage REIT Stock Performance

360 Capital Mortgage REIT Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, December 5th will be given a dividend of $0.051 per share. This represents a dividend yield of 0.86%. The ex-dividend date is Wednesday, November 27th. 360 Capital Mortgage REIT’s payout ratio is currently 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.