Cadence Opportunities Fund Dividend
Dividend criteria checks 2/6
Cadence Opportunities Fund is a dividend paying company with a current yield of 7.22%.
Key information
7.2%
Dividend yield
-194%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -AU$0.067 |
| Dividend yield forecast in 3Y | n/a |
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 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Cadence Opportunities Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CDO) | 7.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Capital Markets) | 3.8% |
| Analyst forecast in 3 Years (CDO) | n/a |
Notable Dividend: CDO's dividend (7.22%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: CDO's dividend (7.22%) is in the top 25% of dividend payers in the Australian market (6.24%)
Earnings Payout to Shareholders
Earnings Coverage: CDO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (459.4%), CDO's dividend payments are not well covered by cash flows.