Insider Buying: 360 Capital REIT (ASX:TOT) Insider Purchases A$77,028.48 in Stock

360 Capital REIT (ASX:TOT) insider Tony Pitt purchased 200,595 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average cost of A$0.38 ($0.25) per share, for a total transaction of A$77,028.48 ($50,018.49).

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

• On Tuesday, June 3rd, Tony Pitt purchased 480,000 shares of 360 Capital REIT stock. The shares were purchased at an average cost of A$0.39 ($0.25) per share, for a total transaction of A$184,800.00 ($120,000.00).
• On Wednesday, May 7th, Tony Pitt purchased 21,227 shares of 360 Capital REIT stock. The shares were purchased at an average cost of A$0.37 ($0.24) per share, for a total transaction of A$7,853.99 ($5,099.99).
• On Friday, May 9th, Tony Pitt purchased 128,773 shares of 360 Capital REIT stock. The shares were purchased at an average cost of A$0.38 ($0.25) per share, for a total transaction of A$48,933.74 ($31,775.16).
• On Monday, March 17th, Tony Pitt purchased 2,274,000 shares of 360 Capital REIT stock. The shares were purchased at an average cost of A$0.38 ($0.25) per share, for a total transaction of A$864,120.00 ($561,116.88).

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. The stock has a market cap of $88.75 million, a price-to-earnings ratio of 0.46 and a beta of 0.43.

360 Capital REIT Dividend Announcement

The business also recently disclosed a Interim dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 23rd were given a $0.007 dividend. This represents a yield of 1.9%. The ex-dividend date was Thursday, March 27th. 360 Capital REIT’s dividend payout ratio is -23.08%.

About 360 Capital REIT

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.