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

360 Capital REIT (ASX:TOT) insider Tony Pitt acquired 2,692,663 shares of the firm’s stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of A$0.43 ($0.29) per share, for a total transaction 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 purchased 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 stock was purchased at an average price 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 debt-to-equity ratio of 57.00, a current ratio of 1.22 and a quick ratio of 62.97.

360 Capital REIT Cuts Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 24th will be given a $0.007 dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a yield of 1.74%. 360 Capital REIT’s 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.