Insider Buying: Cadence Capital (ASX:CDM) Insider Buys A$13,547.00 in Stock

Cadence Capital Limited (ASX:CDM) insider Karl Siegling purchased 19,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were acquired at an average cost of A$0.71 per share, for a total transaction of A$13,547.00.

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

• On Monday, September 15th, Karl Siegling bought 30,000 shares of Cadence Capital stock. The stock was acquired at an average cost of A$0.69 per share, with a total value of A$20,730.00.
• On Friday, August 29th, Karl Siegling bought 30,000 shares of Cadence Capital stock. The shares were bought at an average price of A$0.68 per share, for a total transaction of A$20,340.00.
• On Thursday, August 28th, Karl Siegling purchased 40,000 shares of Cadence Capital stock. The stock was bought at an average price of A$0.68 per share, with a total value of A$27,120.00.
• On Thursday, July 31st, Karl Siegling acquired 38,000 shares of Cadence Capital stock. The shares were bought at an average price of A$0.66 per share, for a total transaction of A$25,080.00.
• On Friday, July 18th, Karl Siegling bought 80,611 shares of Cadence Capital stock. The stock was bought at an average cost of A$0.68 per share, with a total value of A$54,654.26.
• On Thursday, July 17th, Karl Siegling bought 50,000 shares of Cadence Capital stock. The shares were bought at an average price of A$0.68 per share, with a total value of A$33,900.00.
• On Wednesday, July 16th, Karl Siegling purchased 44,389 shares of Cadence Capital stock. The shares were purchased at an average cost of A$0.68 per share, for a total transaction of A$30,095.74.
• On Tuesday, July 15th, Karl Siegling acquired 62,099 shares of Cadence Capital stock. The stock was purchased at an average cost of A$0.68 per share, with a total value of A$42,103.12.

Cadence Capital Stock Performance

The company has a quick ratio of 2.28, a current ratio of 1.01 and a debt-to-equity ratio of 16.72. The stock has a market cap of $202.67 million, a P/E ratio of 7.88 and a beta of 0.74.

Cadence Capital Dividend Announcement

The firm also recently disclosed a Final dividend, which will be paid on Thursday, October 30th. Investors of record on Thursday, October 30th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, October 14th. This represents a dividend yield of 448.0%. Cadence Capital’s dividend payout ratio (DPR) is presently 85.71%.

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.