Insider Buying: Cadence Capital Limited (CDM) Insider Acquires 30,000 Shares of Stock

Cadence Capital Limited (ASX:CDM) insider Karl Siegling acquired 30,000 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The shares were acquired at an average cost of A$0.83 ($0.59) per share, for a total transaction of A$24,870.00 ($17,638.30).

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

  • On Monday, May 20th, Karl Siegling acquired 30,000 shares of Cadence Capital stock. The shares were acquired at an average cost of A$0.83 ($0.59) per share, for a total transaction of A$24,960.00 ($17,702.13).

Shares of Cadence Capital stock traded down A$0.11 ($0.08) during trading on Friday, hitting A$0.84 ($0.60). 197,673 shares of the company’s stock traded hands. The company has a debt-to-equity ratio of 0.47, a current ratio of 14.54 and a quick ratio of 14.54. Cadence Capital Limited has a 1 year low of A$0.74 ($0.52) and a 1 year high of A$1.34 ($0.95). The stock has a market capitalization of $269.04 million and a PE ratio of -5.42.



The firm also recently disclosed a Interim dividend, which was paid on Monday, May 13th. Investors of record on Monday, May 13th were given a dividend of $0.03 per share. The ex-dividend date was Monday, April 29th. This represents a dividend yield of 3.33%. Cadence Capital’s dividend payout ratio (DPR) is presently -38.71%.

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About Cadence Capital

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.

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