360 Capital Mortgage REIT (ASX:TCF) Insider Purchases A$24,668.70 in Stock

360 Capital Mortgage REIT (ASX:TCF) insider Tony Pitt purchased 4,837 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was acquired at an average price of A$5.10 ($3.38) per share, for a total transaction of A$24,668.70 ($16,336.89).

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

• On Thursday, May 16th, Tony Pitt acquired 23,579 shares of 360 Capital Mortgage REIT stock. The shares were bought at an average cost of A$5.16 ($3.42) per share, with a total value of A$121,667.64 ($80,574.60).
• On Wednesday, May 1st, Tony Pitt bought 6,151 shares of 360 Capital Mortgage REIT stock. The shares were bought at an average cost of A$5.07 ($3.36) per share, for a total transaction of A$31,185.57 ($20,652.70).
• On Friday, May 3rd, Tony Pitt purchased 18,849 shares of 360 Capital Mortgage REIT stock. The stock was bought at an average price of A$5.15 ($3.41) per share, with a total value of A$97,072.35 ($64,286.32).

360 Capital Mortgage REIT Price Performance

360 Capital Mortgage REIT Announces Dividend

The company also recently announced a Interim dividend, which was paid on Monday, May 6th. Stockholders of record on Monday, May 6th were given a $0.035 dividend. This represents a dividend yield of 0.69%. The ex-dividend date was Sunday, April 28th. 360 Capital Mortgage REIT’s dividend payout ratio (DPR) is currently 107.69%.

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.