360 Capital Mortgage REIT (ASX:TCF) Declares Dividend Increase – $0.05 Per Share

Posted by Patrick Bannon on Jan 27th, 2025

360 Capital Mortgage REIT (ASX:TCF – Get Free Report) declared a interim dividend on Monday, January 27th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, February 6th will be given a dividend of 0.052 per share on Thursday, February 6th. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, January 29th. This is a boost from 360 Capital Mortgage REIT’s previous interim dividend of $0.05.

360 Capital Mortgage REIT Price Performance

Insider Transactions at 360 Capital Mortgage REIT

In other news, insider Tony Pitt acquired 6,000 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were purchased at an average cost of A$5.93 ($3.73) per share, with a total value of A$35,580.00 ($22,377.36). 12.42% of the stock is currently owned by corporate insiders.

360 Capital Mortgage REIT Company Profile

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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.