#USA #dividends #Financial Services #Cadence Bank #Houston and Tupelo

Cadence Bank's Quarterly Dividend Declaration

In a meeting held on April 23, 2025, Cadence Bank's board of directors made significant announcements regarding their quarterly dividend distributions for both common and preferred shares. This is part of the bank's ongoing commitment to providing value to its shareholders.

Common Stock Dividend

Cadence Bank has declared a cash dividend of $0.275 per share for its common stock. This dividend is scheduled to be disbursed on July 1, 2025, to all shareholders on record by the close of business on June 13, 2025. Such timely announcements not only reflect the bank's solid financial health but also demonstrate its dedication towards maintaining a robust return for its investors.

Preferred Stock Dividend

The board did not stop at common stock; they also announced a cash dividend of $0.34375 per share for the Series A Preferred Stock. This particular dividend is set to be paid on May 20, 2025, to shareholders recorded by the end of business on May 5, 2025. This dual announcement reflects Cadence Bank's strategic approach in catering to the interests of different categories of investors, making it a well-rounded offering in the financial landscape.

About Cadence Bank

Cadence Bank, which trades on the NYSE under the symbol CADE, has become a significant player in the financial services sector with assets amounting to $50 billion. The bank is well-known for its extensive commitment to enabling growth within the communities it serves. With over 350 locations spread across the Southern United States and Texas, Cadence Bank is dedicated to offering a wide range of financial products, including banking, investment, trust, and mortgage services tailored to meet diverse customer needs.

The institution has also earned accolades for its work environment, having been recognized by prominent outlets such as Forbes and U.S. News & World Report as one of the best employers in the nation, along with being named as one of America’s Best Banks by Forbes for 2025. This highlights not only its operational success but also its emphasis on employee satisfaction and corporate culture.

Cadence Bank’s strategic decision-making processes and a focus on customer service are evident in its long history of nearly 150 years of operation, making it a trusted financial partner in the region. The bank maintains its dual headquarters in Houston, Texas, and Tupelo, Mississippi, further enhancing its regional presence.

Conclusion

The declared dividends are a testament to Cadence Bank’s stable performance and dedication to shareholder value. With a rich history and a commitment to community prosperity, Cadence Bank continues to pave the way as a leader in the financial services industry, dedicated to adapting to the evolving needs of its clientele and sustaining long-term growth.