Insider Buying: Cadence Opportunities Fund Limited (ASX:CDO) Insider Acquires 24,938 Shares of Stock

Posted by Editorial Team on Oct 6th, 2024

Cadence Opportunities Fund Limited (ASX:CDO – Get Free Report) insider Karl Siegling acquired 24,938 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was bought at an average price of A$1.77 ($1.22) per share, with a total value of A$44,065.45 ($30,389.96).

Karl Siegling also recently made the following trade(s):

On Friday, July 26th, Karl Siegling bought 92,717 shares of Cadence Opportunities Fund stock. The stock was purchased at an average price of A$1.72 ($1.19) per share, with a total value of A$159,380.52 ($109,917.60).
On Thursday, July 11th, Karl Siegling purchased 12,808 shares of Cadence Opportunities Fund stock. The shares were purchased at an average cost of A$1.82 ($1.26) per share, with a total value of A$23,348.98 ($16,102.75).

Cadence Opportunities Fund Stock Performance

The company has a quick ratio of 4.44, a current ratio of 4.93 and a debt-to-equity ratio of 20.58.

Cadence Opportunities Fund Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Wednesday, October 30th. Shareholders of record on Wednesday, October 30th will be given a $0.07 dividend. The ex-dividend date is Monday, October 14th. This is a boost from Cadence Opportunities Fund’s previous Final dividend of $0.07. This represents a yield of 3.91%. Cadence Opportunities Fund’s payout ratio is 29.76%.

About Cadence Opportunities Fund

(Get Free Report)

Cadence Opportunities Fund Limited invests in securities listed in Australia and internationally. The company was incorporated in 2018 and is based in Sydney, Australia.