Cadence Bank Declares Quarterly Common and Preferred Dividends

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Cadence Bank announces the declaration of quarterly common and preferred dividends. The common stock dividend is set at $0.25 per share, payable on July 1, 2024, while the Series A Preferred Stock dividend is $0.34375 per share, payable on May 20, 2024.

HOUSTON and TUPELO, Miss., April 24, 2024 /PRNewswire/ -- At its meeting today, the board of directors of Cadence Bank (NYSE: CADE) (Cadence) declared a quarterly cash dividend of $0.25 per share of common stock. The common stock dividend is payable on July 1, 2024, to shareholders of record at the close of business on June 14, 2024.

The board of directors also declared a quarterly cash dividend of $0.34375 per share of Series A Preferred Stock. The preferred stock dividend is payable on May 20, 2024, to shareholders of record at the close of business on May 3, 2024.

About Cadence Bank
Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. Cadence provides consumers, businesses and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning and retirement plan management. Cadence is committed to a culture of respect, diversity, equity, inclusion and belonging in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

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SOURCE Cadence Bank

FAQ

What dividend did Cadence Bank declare for its common stock?

Cadence Bank declared a quarterly cash dividend of $0.25 per share for its common stock.

When is the common stock dividend payable?

The common stock dividend is payable on July 1, 2024.

What is the dividend amount for Cadence Bank's Series A Preferred Stock?

Cadence Bank declared a quarterly cash dividend of $0.34375 per share for its Series A Preferred Stock.

When will the Series A Preferred Stock dividend be paid?

The preferred stock dividend is payable on May 20, 2024.