360 Capital Group (ASX:TGP) Insider Tony Pitt Buys 7,217,730 Shares

360 Capital Group Limited (ASX:TGP) insider Tony Pitt bought 7,217,730 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were bought at an average price of A$0.31 per share, for a total transaction of A$2,237,496.30.

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

• On Friday, September 26th, Tony Pitt bought 22,387,330 shares of 360 Capital Group stock. The shares were bought at an average price of A$0.31 per share, for a total transaction of A$6,940,072.30.
• On Friday, September 19th, Tony Pitt bought 925,221 shares of 360 Capital Group stock. The shares were bought at an average price of A$0.31 per share, for a total transaction of A$286,818.51.

360 Capital Group Stock Performance

The stock has a market cap of $121.23 million, a price-to-earnings ratio of 0.56 and a beta of 0.29. The company has a debt-to-equity ratio of 45.10, a current ratio of 12.94 and a quick ratio of 26.66.

360 Capital Group Increases Dividend

The business also recently announced a Interim dividend, which was paid on Thursday, September 11th. Investors of record on Thursday, September 11th were given a dividend of $0.40 per share. This represents a yield of 6,202.0%. This is a boost from 360 Capital Group’s previous Interim dividend of $0.02. The ex-dividend date was Wednesday, August 27th. 360 Capital Group’s dividend payout ratio (DPR) is presently 133.33%.

360 Capital Group Company Profile

360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of real estate assets. Led by a highly experienced team, the Group operates in Australian and New Zealand investing across real estate equity and credit opportunities.