Final and special dividend

July 22, 2015

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  • Final and special dividend

  • 22 July 2015

Cadence Capital Limited is pleased to announce an anticipated 5.0 cent per share fully franked 2015 final dividend and a 1.0 cent per share special dividend payable in October 2015. The Board will confirm these dividends with the release of the full year audited results.

Cadence Capital Limited produced an 11.42% gross return for the year outperforming the All Ordinaries Accumulation Index by 5.75%. Overseas investments contributed strongly to this outperformance and have enabled the payment of a special fully franked dividend. This year’s dividends will equate to a 7.6% fully franked yield (10.8% Gross) based on the CDM share price as at last nights close.

The NTA per Share Estimate for CDM as at last nights close is:

Net tangible assets CDM

Regards,

Wayne Davies

Company Secretary

Telephone: +61 2 8298 2444
Email: wayned@cadencecapital.com.au

 

 

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