Why Has 360 Capital Suspended Its Dividend Amid Strategic Review?

Dividend Suspension Signals Strategic Pause

360 Capital Group (ASX, TGP), a prominent player in Australian real estate investment and funds management, has taken the notable step of suspending its dividend for the six months ending December 31, 2025. This announcement, made on December 19, 2025, follows the Group’s earlier disclosure of a strategic review initiated in November. The review encompasses a reassessment of the Group’s forecasts and dividend policy, reflecting a period of introspection and recalibration.

Context Behind the Review

The decision to withhold dividends is often a signal that a company is navigating uncertain terrain or preparing for significant changes. For 360 Capital, which operates across real estate equity and credit opportunities, this move suggests a cautious stance amid evolving market conditions or internal strategic shifts. The Group’s leadership, including Executive Chairman Tony Pitt and CEO James Storey, have emphasized the importance of aligning future distributions with sustainable financial forecasts.

Implications for Investors

Investors accustomed to regular income from 360 Capital’s distributions will need to adjust expectations in the short term. While the suspension may raise concerns, it also indicates a proactive approach to preserving capital and ensuring long-term value creation. The lack of detail on the strategic review’s outcomes leaves room for speculation about potential restructuring, asset reallocation, or shifts in investment focus.

Looking Ahead

The Board’s authorization of this dividend pause underscores the seriousness with which 360 Capital is approaching its strategic review. Market watchers will be keenly awaiting further updates that clarify the Group’s direction and dividend policy going forward. As the review progresses, the company’s ability to balance growth ambitions with shareholder returns will be critical in shaping investor confidence.