Cadence Opportunities Fund Limited (ASX:CDO) Insider Karl Siegling Purchases 29,996 Shares

Cadence Opportunities Fund Limited (ASX:CDO) insider Karl Siegling acquired 29,996 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were purchased at an average cost of A$1.79 ($1.18) per share, with a total value of A$53,782.83 ($35,383.44).

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

• On Tuesday, April 23rd, Karl Siegling purchased 36,907 shares of Cadence Opportunities Fund stock. The stock was acquired at an average price of A$1.81 ($1.19) per share, for a total transaction of A$66,727.86 ($43,899.91).

Cadence Opportunities Fund Stock Performance

The company has a debt-to-equity ratio of 16.68, a current ratio of 5.50 and a quick ratio of 4.44.

Cadence Opportunities Fund Cuts Dividend

The firm also recently announced a Interim dividend, which was paid on Monday, April 29th. Investors of record on Monday, April 29th were paid a dividend of $0.065 per share. This represents a yield of 3.56%. The ex-dividend date was Sunday, April 14th. Cadence Opportunities Fund’s payout ratio is 29.76%.

Cadence Opportunities Fund Company Profile

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