Cadence Capital Limited (ASX:CDM) Insider Karl Siegling Buys 70,000 Shares

Cadence Capital Limited (ASX:CDM) insider Karl Siegling bought 70,000 shares of the firm’s stock in a transaction dated Monday, September 13th. The stock was purchased at an average price of A$1.21 ($0.86) per share, with a total value of A$84,630.00 ($60,450.00).

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

  • On Thursday, September 2nd, Karl Siegling acquired 15,000 shares of Cadence Capital stock. The shares were bought at an average price of A$1.26 ($0.90) per share, with a total value of A$18,825.00 ($13,446.43).
  • On Thursday, August 26th, Karl Siegling acquired 1,242 shares of Cadence Capital stock. The shares were bought at an average price of A$1.21 ($0.86) per share, with a total value of A$1,502.82 ($1,073.44).
  • On Monday, August 23rd, Karl Siegling purchased 9,000 shares of Cadence Capital stock. The shares were acquired at an average price of A$1.22 ($0.87) per share, with a total value of A$10,935.00 ($7,810.71).
  • On Monday, August 16th, Karl Siegling purchased 65,000 shares of Cadence Capital stock. The shares were acquired at an average price of A$1.18 ($0.85) per share, with a total value of A$76,895.00 ($54,925.00).
  • On Thursday, August 12th, Karl Siegling purchased 67,000 shares of Cadence Capital stock. The shares were acquired at an average price of A$1.14 ($0.81) per share, with a total value of A$76,179.00 ($54,413.57).
  • On Monday, August 9th, Karl Siegling acquired 52,219 shares of Cadence Capital stock. The stock was purchased at an average cost of A$1.12 ($0.80) per share, for a total transaction of A$58,485.28 ($41,775.20).
  • On Thursday, August 5th, Karl Siegling acquired 27,001 shares of Cadence Capital stock. The stock was purchased at an average cost of A$1.13 ($0.81) per share, for a total transaction of A$30,619.13 ($21,870.81).
  • On Monday, August 2nd, Karl Siegling acquired 30,000 shares of Cadence Capital stock. The stock was purchased at an average cost of A$1.11 ($0.79) per share, for a total transaction of A$33,360.00 ($23,828.57).
  • On Thursday, July 29th, Karl Siegling acquired 24,000 shares of Cadence Capital stock. The stock was purchased at an average cost of A$1.12 ($0.80) per share, for a total transaction of A$26,760.00 ($19,114.29).
  • On Monday, July 26th, Karl Siegling bought 39,800 shares of Cadence Capital stock. The shares were bought at an average cost of A$1.09 ($0.78) per share, for a total transaction of A$43,461.60 ($31,044.00).

The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 28.75.

The business also recently announced a Final dividend, which will be paid on Thursday, October 28th. Stockholders of record on Thursday, October 28th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Sunday, October 17th. This is a positive change from Cadence Capital’s previous Final dividend of $0.02. This represents a dividend yield of 2.64%. Cadence Capital’s payout ratio is 24.00%.

Cadence Capital Company Profile

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.

Further Reading: Stocks Increasing Dividends

Insider Buying and Selling by Quarter for Cadence Capital (ASX:CDM)

Receive News & Ratings for Cadence Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadence Capital and related companies with MarketBeat.com's FREE daily email newsletter.