Tony Pitt Acquires 2,692,663 Shares of 360 Capital REIT (ASX:TOT) Stock

360 Capital REIT (ASX:TOT) insider Tony Pitt bought 2,692,663 shares of the stock in a transaction on Thursday, September 19th. The shares were acquired 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 purchased 1,205,569 shares of 360 Capital REIT stock. The stock was bought at an average cost of A$0.42 ($0.29) per share, for a total transaction of A$506,338.98 ($346,807.52).
• On Friday, July 26th, Tony Pitt acquired 1,775,225 shares of 360 Capital REIT stock. The stock was bought 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 Price Performance

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

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 paid a dividend of $0.007 per share. This represents a yield of 1.74%. The ex-dividend date is Thursday, September 26th. 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.