Cadence Opportunities Fund Dividends and Buybacks
Dividend criteria checks 2/6
Cadence Opportunities Fund is a dividend paying company with a current yield of 7.94%.
Key information
7.9%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.135 |
| Payout ratio | 90% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CDO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CDO has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Cadence Opportunities Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CDO) | 7.9% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Capital Markets) | 3.0% |
| Analyst forecast (CDO) (up to 3 years) | n/a |
Notable Dividend: CDO's dividend (7.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CDO's dividend (7.94%) is in the top 25% of dividend payers in the Australian market (6.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.3%), CDO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CDO is paying a dividend but the company has no free cash flows.