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Cadence Bank declares common and preferred stock dividends.

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M2 EQUITYBITES-October 26, 2023--Cadence Bank declares common and preferred stock dividends

(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk

Global Banking News - 26 October 2023

Cadence Bank (NYSE: CADE) has said that its board of directors has declared a quarterly cash dividend of USD0.235 per share on its common stock.

The dividend will be payable on January 2, 2024, to shareholders of record as of December 15, 2023.

In addition, the board of directors has declared a quarterly cash dividend of USD0.34375 per share on the company's series A preferred stock. The dividend will be payable on November 20, 2023, to shareholders of record as of November 3, 2023.

With around USD50bn in assets, Cadence Bank is a regional banking franchise with over 350 branch locations across the...

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