Cadence Bank Declares Quarterly Common and Preferred Dividends
Rhea-AI Summary
Cadence Bank (NYSE: CADE) has announced its latest dividend declarations following a board of directors meeting on April 23, 2025. The bank declared a quarterly cash dividend of $0.275 per share of common stock, which will be paid on July 1, 2025, to shareholders of record as of June 13, 2025.
Additionally, the board approved a quarterly cash dividend of $0.34375 per share for Series A Preferred Stock, scheduled for payment on May 20, 2025, to shareholders of record as of May 5, 2025.
Positive
- Consistent dividend payments demonstrate financial stability
- Maintaining dividend levels signals strong cash flow position
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CADE gained 2.36%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The board of directors also declared a quarterly cash dividend of
About Cadence Bank
Cadence Bank (NYSE: CADE) is a
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SOURCE Cadence Bank