360 Capital Mortgage REIT (ASX:TCF) Plans Final Dividend of $0.07

360 Capital Mortgage REIT (ASX:TCF) declared a final dividend on Tuesday, June 25th, MarketIndexAU reports. Shareholders of record on Thursday, July 4th will be given a dividend of 0.065 per share on Thursday, July 4th. This represents a yield of 1.21%. The ex-dividend date is Wednesday, June 26th. This is a boost from 360 Capital Mortgage REIT’s previous final dividend of $0.04.

360 Capital Mortgage REIT Price Performance

Insider Transactions at 360 Capital Mortgage REIT

In other 360 Capital Mortgage REIT news, insider Tony Pitt acquired 25,370 shares of the company’s stock in a transaction dated Monday, May 20th. The stock was bought at an average price of A$5.15 ($3.43) per share, with a total value of A$130,655.50 ($87,103.67). Insiders acquired 101,481 shares of company stock valued at $524,773 over the last 90 days. Corporate insiders own 12.42% of the company’s stock.

360 Capital Mortgage REIT Company Profile

360 Capital Mortgage REIT is a closed-ended fixed income mutual fund launched and managed by Elstree Investment Management Limited. The fund invests in the fixed income markets of Australia. It invests in a range of fixed income and hybrid securities, and other debt securities issued by government bodies, companies and specialist financing vehicles.