Cadence Bancorporation Declares Quarterly Cash Dividend
July 25 2019 - 12:10PM
Business Wire
The board of directors of Cadence Bancorporation today approved
a quarterly cash dividend in the amount of $0.175 per share of
outstanding common stock, representing an annualized dividend of
$0.70 per share. The dividend will be paid on September 13, 2019 to
holders of record of Cadence’s Class A common stock on August 30,
2019.
About Cadence Bancorporation
Cadence Bancorporation (NYSE: CADE), headquartered in Houston,
Texas, is a regional financial holding company with $17.5 billion
in assets as of June 30, 2019. Cadence operates 98 branch locations
in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas, and
provides corporations, middle-market companies, small businesses
and consumers with a full range of innovative banking and financial
solutions. Services and products include commercial and business
banking, treasury management, specialized lending, asset-based
lending, commercial real estate, SBA lending, foreign exchange,
wealth management, investment and trust services, financial
planning, retirement plan management, business insurance, consumer
banking, consumer loans, mortgages, home equity lines and loans,
and credit cards. Clients have access to leading-edge online and
mobile solutions, interactive teller machines, and more than 55,000
ATMs. The Cadence team of 1,800 associates is committed to
exceeding customer expectations and helping their clients succeed
financially.
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Cadence Bancorporation
Media contact: Danielle Kernell 713-871-4051
danielle.kernell@cadencebank.com
Investor relations contact: Valerie Toalson 713-871-4103
or 800-698-7878 vtoalson@cadencebancorporation.com
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