Cadence Bank Declares Quarterly Common and Preferred Dividends

PR Newswire

HOUSTON and TUPELO, Miss., Oct. 23, 2024

HOUSTON and TUPELO, Miss., Oct. 23, 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 January 2, 2025, to shareholders of record at the close of business on December 13, 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 November 20, 2024, to shareholders of record at the close of business on November 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, equity, inclusion and belonging in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

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SOURCE Cadence Bank

/CONTACT: Valerie Toalson, Senior EVP and Chief Financial Officer, 713-871-4103; Will Fisackerly, EVP and Director of Corporate Finance, 662-680-2475

(END) Dow Jones Newswires

October 23, 2024 16:30 ET (20:30 GMT)