Cadence Capital Limited Plans Interim Dividend of $0.03 (ASX:CDM)

Cadence Capital Limited (ASX:CDM) declared a interim dividend on Monday, February 23rd, MarketIndexAU Dividends reports. Investors of record on Wednesday, April 29th will be paid a dividend of 0.03 per share on Wednesday, April 29th. This represents a dividend yield of 355.0%. The ex-dividend date is Tuesday, April 14th.

Cadence Capital Price 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 firm has a market capitalization of $202.67 million, a P/E ratio of 7.88 and a beta of 0.74.

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. It benchmarks the performance of its portfolio against the All Ordinaries Accumulation Index and the Small Ordinaries Accumulation Index. Cadence Capital Limited was formed in October 2005 and is domiciled in Australia.