Insider Buying: 360 Capital Mortgage REIT (ASX:TCF) Insider Purchases 2,000 Shares of Stock

360 Capital Mortgage REIT (ASX:TCF) insider Tony Pitt purchased 2,000 shares of the company’s stock in a transaction on Monday, April 7th. The shares were purchased at an average cost of A$5.82 ($3.68) per share, with a total value of A$11,640.00 ($7,367.09).

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

• On Wednesday, April 9th, Tony Pitt purchased 1,500 shares of 360 Capital Mortgage REIT stock. The stock was acquired at an average cost of A$5.85 ($3.70) per share, with a total value of A$8,775.00 ($5,553.80).
• On Friday, February 21st, Tony Pitt acquired 10,000 shares of 360 Capital Mortgage REIT stock. The shares were purchased at an average cost of A$5.88 ($3.72) per share, for a total transaction of A$58,800.00 ($37,215.19).

360 Capital Mortgage REIT Price Performance

The stock has a market cap of $33.05 million and a P/E ratio of 13.08.

360 Capital Mortgage REIT Dividend Announcement

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