Cadence Bank Declares Quarterly Common and Preferred Dividends

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Cadence Bank (NYSE: CADE) declares quarterly cash dividends of $0.235 per share of common stock and $0.34375 per share of Series A Preferred Stock.

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• Cadence Bank declares quarterly cash dividends of $0.235 per share of common stock and $0.34375 per share of Series A Preferred Stock.

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• None.

TUPELO, Miss. and HOUSTON, Oct. 25, 2023 /PRNewswire/ -- At its meeting today, the board of directors of Cadence Bank (NYSE: CADE) (Cadence) declared a quarterly cash dividend of $0.235 per share of common stock. The common stock dividend is payable on January 2, 2024, to shareholders of record at the close of business on December 15, 2023.

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 November 20, 2023, to shareholders of record at the close of business on November 3, 2023.

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 and inclusion in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

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SOURCE Cadence Bank

FAQ

What is the dividend declared by Cadence Bank?

Cadence Bank has declared a quarterly cash dividend of $0.235 per share of common stock and $0.34375 per share of Series A Preferred Stock.

When will the common stock dividend be payable?

The common stock dividend will be payable on January 2, 2024.

When will the preferred stock dividend be payable?

The preferred stock dividend will be payable on November 20, 2023.