Cadence Capital Limited Announces Fully Franked Year-End Dividend, Payable on October 31, 2023
October 11, 2023 at 08:21 pm EDT
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On 30th August 2023, Cadence Capital Limited announced a 3.0 cents per share fully franked year-end dividend, bringing the full-year dividend to 7.0 cents per share fully franked. The full-year dividend of 7.0 cents per share fully franked equates to a 9.0% fully franked yield or a 12.8% gross yield (grossed up for franking credits) based on the share price of $0.78 per share on the date the dividend was announced. After paying this dividend, the
Company still has 18.7 cents per share of profit reserves to pay future dividends. The Ex-Date for the dividend is 16th October 2023. The payment date for the dividend is 31st October 2023.
Cadence Capital Limited is an Australia-based investment company. The Company is engaged in investing primarily in securities listed both in Australia and internationally. The Company may take short positions and may also deal in derivatives. The Company has only one segment. It operates predominately in Australia and in one industry being the securities industry. It invests in various sectors, including basic materials, energy, communications, financial, insurance, industrial, utilities, technology, and consumer, non-cyclical. The Company is managed by Cadence Asset Management Pty Limited.
CADENCE CAPITAL LIMITED 
