Cadence Opportunities Fund Extends Outperformance and Lifts Interim Dividend

Cadence Opportunities Fund Ltd. ( (AU:CDO) ) has shared an announcement.

Cadence Opportunities Fund reported an 8.2% gross return in February 2026, beating the All Ordinaries Accumulation Index by 4.9% for the month and extending its strong year-to-date gain to 62.2% over eight months. Performance was driven by positions in gold miners such as Equinox Gold and Robex Resources, critical minerals producer EQ Resources, and Samsung Electronics, which benefited from surging memory prices linked to AI-driven demand.

The fund highlighted the tailwinds from rising gold prices and geopolitical tensions that are boosting critical minerals and defence-related commodities like tungsten. It also underscored Samsung’s strong earnings momentum despite subsequent market volatility tied to conflict in Iran.

Cadence announced a fully franked interim dividend of 7.5 cents per share, implying a 7.1% cash yield and 10.2% gross yield based on the announcement-date share price. The company’s dividend reinvestment plan will operate for this payout, with shares issued under the plan to be bought back when trading at a discount to net tangible assets.

The fund noted that its franked and gross dividend yields for FY 2025 were roughly three times those of the All Ordinaries Index, reinforcing its income appeal. After paying the latest interim dividend, Cadence still has 62 cents per share in profit reserves, equating to about four years of dividends at the current rate, supporting the sustainability of future distributions.

The most recent analyst rating on (AU:CDO) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Cadence Opportunities Fund Ltd. stock, see the AU:CDO Stock Forecast page.

More about Cadence Opportunities Fund Ltd.

Cadence Opportunities Fund Ltd is an actively managed listed investment company focused on delivering absolute returns by investing in a concentrated portfolio of domestic and international equities. The fund targets opportunities across sectors including resources, technology and critical minerals, aiming to outperform the broader Australian market while providing fully franked dividends to shareholders.

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Technical Sentiment Signal: Buy

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