Karl Siegling Purchases 20,000 Shares of Cadence Capital Limited (ASX:CDM) Stock

Cadence Capital Limited (ASX:CDMGet Rating) insider Karl Siegling acquired 20,000 shares of the firm’s stock in a transaction dated Tuesday, November 15th. The stock was bought at an average price of A$0.94 ($0.63) per share, with a total value of A$18,780.00 ($12,604.03).

Cadence Capital Price Performance

The company has a debt-to-equity ratio of 5.38, a quick ratio of 2.28 and a current ratio of 2.28.

Cadence Capital Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Thursday, October 27th. Stockholders of record on Thursday, October 27th were paid a dividend of $0.04 per share. The ex-dividend date was Sunday, October 16th. This represents a dividend yield of 4.08%. This is a boost from Cadence Capital’s previous Final dividend of $0.03. Cadence Capital’s dividend payout ratio is currently 50.00%.

Cadence Capital Company Profile

(Get Rating)

Cadence Capital Limited is a close ended equity mutual fund launched and managed by Cadence Asset Management. The fund invests in the public equity markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund seeks to invest in the stocks listed on Australian Securities Exchange.

Further Reading

Insider Buying and Selling by Quarter for Cadence Capital (ASX:CDM)

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