Cadence Opportunities Fund Limited (ASX:CDO) Insider Karl Siegling Acquires 8,267 Shares

Cadence Opportunities Fund Limited (ASX:CDO) insider Karl Siegling bought 8,267 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The stock was bought at an average cost of A$1.71 ($1.12) per share, for a total transaction of A$14,111.77 ($9,284.06).

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

• On Monday, September 30th, Karl Siegling purchased 24,938 shares of Cadence Opportunities Fund stock. The shares were acquired at an average price of A$1.77 ($1.16) per share, for a total transaction of A$44,065.45 ($28,990.43).

Cadence Opportunities Fund Price Performance

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

Cadence Opportunities Fund Increases Dividend

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

About Cadence Opportunities Fund

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