360 Capital REIT (ASX:TOT) Insider Purchases A$1,157,845.09 in Stock

360 Capital REIT (ASX:TOT) insider Tony Pitt purchased 2,692,663 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was bought at an average cost of A$0.43 ($0.29) per share, with a total value of A$1,157,845.09 ($793,044.58).

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

• On Tuesday, September 17th, Tony Pitt bought 1,205,569 shares of 360 Capital REIT stock. The shares were acquired at an average cost of A$0.42 ($0.29) per share, with a total value of A$506,338.98 ($346,807.52).
• On Friday, July 26th, Tony Pitt bought 1,775,225 shares of 360 Capital REIT stock. The shares were acquired at an average cost of A$0.36 ($0.25) per share, with a total value of A$640,856.23 ($438,942.62).

360 Capital REIT Stock Performance

The company has a current ratio of 1.22, a quick ratio of 62.97 and a debt-to-equity ratio of 57.00.

360 Capital REIT Cuts Dividend

The firm also recently announced a Final dividend, which was paid on Thursday, July 25th. Shareholders of record on Thursday, July 25th were paid a dividend of $0.007 per share. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend was Wednesday, June 26th. 360 Capital REIT’s dividend payout ratio is -23.08%.

360 Capital REIT Company Profile

360 Capital REIT invests across the entire real estate capital stack to take advantage of varying market conditions in order to maximize risk adjusted returns for unit holders. It was formerly known as 360 Capital Total Return Fund. 360 Capital REIT is based in Sydney, Australia.