Cadence Opportunities Fund (ASX: CDO) Announces Fully Franked 7.5 Cents Per Share Dividend with DRP Option for October 2026

Cadence Opportunities Fund Declares 7.5 Cents Per Share Dividend for Half-Year Ending 30 June 2026

Cadence Opportunities Fund Limited has officially announced an ordinary dividend of AUD 0.07500000 per fully paid ordinary share for the six-month financial period ending 30 June 2026. The formal notification was lodged on 15 July 2026, providing shareholders with advance notice ahead of the ex-dividend and record dates in late September 2026. The confirmed dividend amount of 7.5 cents per share reflects the total distribution per security, with no provisional or estimated figures disclosed.

This ordinary dividend follows the company’s standard distribution policy for its fully paid shares traded under ASX code CDO. No additional approvals—such as securityholder, court, ACCC, or FIRB consent—are required before payment, ensuring no external conditions will delay or prevent the dividend. The total aggregate dividend amount across all issued securities was not specified in this announcement.

100% Fully Franked Dividend at 30% Corporate Tax Rate Enhances After-Tax Value for Eligible Shareholders

The dividend is fully franked at the corporate tax rate of 30.0000%, meaning the entire AUD 0.07500000 per share carries franking credits. Eligible Australian resident shareholders may be able to use these credits to offset their income tax liability or claim refunds depending on their tax circumstances. The fully franked amount per share is AUD 0.07500000, with no unfranked or conduit foreign income components.

For Australian investors seeking tax-effective income, the fully franked dividend increases the after-tax value beyond the cash payment. The grossed-up dividend value depends on each shareholder’s marginal tax rate, and those taxed below 30% may receive a cash refund of excess franking credits. Shareholders are advised to consult independent tax professionals to understand the tax implications fully.

Ex-Dividend Date 29 September 2026 Establishes Dividend Eligibility for CDO Investors

Shareholders must hold CDO fully paid ordinary shares on or before the ex-dividend date of 29 September 2026 to qualify for the dividend. Purchases made on or after this date will not be eligible for the upcoming distribution. The record date, when entitlements are confirmed via the company’s share registry, is 30 September 2026, one business day after the ex-dividend date.

Eligible shareholders will receive the dividend payment on 15 October 2026 unless they elect to participate in the Dividend Reinvestment Plan. The timeline—ex-dividend on 29 September, record on 30 September, and payment on 15 October—aligns with standard ASX-listed investment entity procedures. Investors should consider these dates carefully when planning portfolio and income strategies, noting that DRP elections must be submitted by specified deadlines.

Dividend Reinvestment Plan Allows Shareholders to Acquire Additional CDO Shares

Cadence Opportunities Fund’s Dividend Reinvestment Plan (DRP) applies to this dividend. Shareholders wishing to reinvest all or part of their dividend into additional CDO shares must lodge a DRP election with the share registry by 5:00 PM AEST on Friday, 2 October 2026. Full DRP rules are available at https://www.cadencecapital.com.au/dividend-reinvestment-plan-drp-cdo/ for shareholder review.

The DRP does not offer a discount for this dividend; the discount rate is 0.0000%. The reinvestment price will be based on the Volume Weighted Average Price (VWAP) of CDO shares traded between 29 September and 2 October 2026. New DRP shares will be issued on 15 October 2026, the same date as the cash dividend payment, and will rank equally with existing ordinary shares from the issue date.

Cash Dividend Is Default Unless Shareholders Opt Into DRP by Deadline

Shareholders who do not submit a DRP election by 5:00 PM on 2 October 2026 will receive the dividend in cash by default. The DRP is an opt-in plan requiring active shareholder participation. There is no minimum or maximum amount for DRP participation, making it accessible to investors of all sizes. The company did not disclose expected DRP participation volumes in this announcement.

Dividend Reflects Earnings for Six-Month Period Ending 30 June 2026

This dividend corresponds to Cadence Opportunities Fund’s half-year financial reporting period ending 30 June 2026, indicating the distribution is linked to income or earnings generated during that timeframe. As a listed investment company on the ASX, Cadence’s dividends are tied to its portfolio performance.

No additional details on portfolio composition, investment strategy, or performance metrics were provided in this announcement. Investors seeking further financial context should refer to separate financial reports or company updates for the period ending 30 June 2026. This release focuses solely on formal dividend notification and compliance with ASX Appendix 3A.1 requirements.

Dividend Schedule Aligns with ASX-Listed Investment Fund Practices; Shareholders Should Monitor Key Dates and DRP Pricing

Cadence Opportunities Fund operates as a listed investment company specializing in Australian equities and opportunities. Its approach of combining fully franked dividends with a DRP aligns with common ASX-listed investment company and trust practices, offering shareholders flexibility between cash income and reinvestment.

Investors tracking CDO before the ex-dividend date on 29 September 2026 should note the DRP price will be finalized after the VWAP calculation period ending 2 October 2026. The immediate market reaction to this dividend announcement was not publicly evident. Decisions on DRP participation versus cash should consider personal tax positions, current CDO share price relative to cost base, and overall income needs. The company’s DRP rules provide detailed guidance on participation.

Risks and Considerations for CDO Dividend and DRP Participants

Although the dividend is confirmed and requires no external approvals, investors should be aware that the DRP reinvestment price depends on market fluctuations during the VWAP period from 29 September to 2 October 2026. The number of shares received through the DRP will vary accordingly.

The value of fully franked dividends depends on individual tax circumstances, including residency status and compliance with the 45-day holding rule. Non-resident shareholders or those not meeting holding requirements may not benefit from franking credits. Future dividends are not guaranteed and will depend on Cadence Opportunities Fund’s investment performance and board decisions. No forward dividend guidance was provided in this announcement.