Tony Pitt Purchases 7,148,641 Shares of 360 Capital Group (ASX:TGP) Stock

360 Capital Group Limited (ASX:TGP) insider Tony Pitt bought 7,148,641 shares of the stock in a transaction dated Thursday, October 16th. The stock was bought at an average price of A$0.31 per share, with a total value of A$2,216,078.71.

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

• On Friday, October 10th, Tony Pitt bought 2,614,485 shares of 360 Capital Group stock. The stock was bought at an average price of A$0.31 per share, with a total value of A$810,490.35.
• On Friday, October 3rd, Tony Pitt bought 7,217,730 shares of 360 Capital Group stock. The stock was bought at an average price of A$0.31 per share, with a total value of A$2,237,496.30.
• On Friday, September 26th, Tony Pitt bought 22,387,330 shares of 360 Capital Group stock. The stock was bought at an average price of A$0.31 per share, with a total value of A$6,940,072.30.
• On Friday, September 19th, Tony Pitt bought 925,221 shares of 360 Capital Group stock. The stock was bought at an average price of A$0.31 per share, with a total value of A$286,818.51.

360 Capital Group Price Performance

The company has a current ratio of 12.94, a quick ratio of 26.66 and a debt-to-equity ratio of 45.10. The firm has a market cap of $121.23 million, a PE ratio of 0.56 and a beta of 0.29.

360 Capital Group Increases Dividend

The business also recently announced a Interim dividend, which was paid on Thursday, September 11th. Stockholders of record on Thursday, September 11th were issued a $0.40 dividend. This represents a dividend yield of 6,202.0%. The ex-dividend date was Wednesday, August 27th. This is a positive change from 360 Capital Group’s previous Interim dividend of $0.02. 360 Capital Group’s dividend payout ratio (DPR) is currently 133.33%.

About 360 Capital Group

360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of real estate assets. Led by a highly experienced team, the Group operates in Australian and New Zealand investing across real estate equity and credit opportunities.