TUPELO,
Miss. and HOUSTON,
Jan. 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,
which represents an increase of $0.015, or 6.4%, per share compared to the
previous quarterly dividend of $0.235
per common share. The common stock dividend is payable on
April 1, 2024, to shareholders of
record at the close of business on March 15,
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
February 20, 2024, to shareholders of
record at the close of business on February
5, 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, inclusion and
belonging in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing
Lender.
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SOURCE Cadence Bank
