360 Capital Mortgage REIT (TCF) to Issue Interim Dividend of $0.04 on June 6th

Posted by Doug Wharley on May 26th, 2024

360 Capital Mortgage REIT (ASX:TCF – Get Free Report) announced a interim dividend on Friday, May 24th, MarketIndexAU reports. Investors of record on Thursday, June 6th will be paid a dividend of 0.035 per share on Thursday, June 6th. This represents a dividend yield of 0.67%. The ex-dividend date is Wednesday, May 29th.

360 Capital Mortgage REIT Stock Performance

Insider Buying and Selling

In other news, insider Tony Pitt bought 18,849 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average price of A$5.15 ($3.43) per share, for a total transaction of A$97,072.35 ($64,714.90). Insiders bought 53,416 shares of company stock worth $274,594 in the last quarter. 12.42% of the stock is owned by corporate insiders.

360 Capital Mortgage REIT Company Profile

(Get Free Report)

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.