Cadence Bank Announces New Quarterly Dividend Payments
Cadence Bank Announces New Quarterly Dividend Payments
During its recent board meeting, Cadence Bank (NYSE: CADE) declared an impressive quarterly cash dividend of $0.275 for each share of common stock. This announcement showcases the bank's commitment to rewarding its shareholders. The dividend is scheduled to be paid out on July 1, 2025, for those shareholders who are on record as of the close of business on June 13, 2025.
Details of Dividend Allocation
Alongside the common stock dividend, the board also approved a quarterly cash dividend of $0.34375 for each share of its Series A Preferred Stock. This dividend will be payable on May 20, 2025, to shareholders who hold shares as of May 5, 2025. Such actions reflect Cadence Bank's ongoing dedication to maintaining strong relations with its investors.
Company Overview
Cadence Bank is a remarkable financial institution with a robust asset base of approximately $50 billion. Its expansive footprint includes over 350 locations throughout various regions, particularly focusing on the Southern states. The bank offers a wide array of financial services, encompassing banking, trust, investment, and mortgage services designed to cater to the diverse needs of individual customers, businesses, and corporate clients alike.
Commitment to Community Involvement
With nearly 150 years of service experience, Cadence Bank has built a reputation grounded in quality service and community involvement. The bank is dedicated to not just profit, but also the prosperity of the communities it serves. This a focus that reflects its fundamental belief that when communities thrive, so does the bank.
Recognition and Awards
Cadence Bank has received numerous accolades for its employee satisfaction and banking efficiency. It has been recognized as one of the best employers in the nation by prestigious entities such as Forbes and U.S. News & World Report, as well as being named one of America’s Best Banks by Forbes in 2025. These awards evidence the bank's successful approach to its corporate culture and customer service.
Future Outlook
With a solid foundation and innovative financial solutions, Cadence Bank continues to position itself as a leader in the financial services sector. The management team is focused on expansion and improving community outreach, ensuring that the bank remains a strong pillar in financial health for years to come. Stakeholders and potential investors are encouraged by the bank's consistent performance and commitment to enhancing shareholder value.
The Path Ahead
As Cadence Bank looks towards the future, it remains committed to building long-lasting relationships with both its customers and stakeholders. Whether through dividend payments or community initiatives, Cadence Bank aims to foster growth and prosperity in every aspect of its operations. The emphasis on ethical banking practices and customer satisfaction will undoubtedly secure its position as a trusted financial partner.
Frequently Asked Questions
What is the amount of Cadence Bank's common stock dividend?
The quarterly cash dividend for common stock is set at $0.275 per share.
When will the preferred stock dividend be paid?
The preferred stock dividend of $0.34375 will be payable on May 20, 2025.
How many locations does Cadence Bank operate?
Cadence Bank operates over 350 locations across the Southern U.S.
What awards has Cadence Bank received?
Cadence Bank has been recognized as one of the nation’s best employers and noted as one of America’s Best Banks in 2025.
What is the total asset size of Cadence Bank?
Cadence Bank boasts approximately $50 billion in assets, showcasing its strength and stability.
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