Insider Buying: 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 360 Capital REIT stock in a transaction dated Thursday, September 19th. The shares were purchased at an average price 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 stock was acquired at an average price 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, for a total transaction of A$640,856.23 ($438,942.62).

360 Capital REIT Price 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 declared a Interim dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 24th will be issued a dividend of $0.007 per share. The ex-dividend date is Thursday, September 26th. This represents a dividend yield of 1.74%. 360 Capital REIT’s dividend payout ratio (DPR) is presently -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.