Cadence Bancorporation Declares Quarterly Cash Dividend
April 30 2019 - 12:49PM
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 June 14, 2019 to
holders of record of Cadence’s Class A common stock on May 31,
2019.
About Cadence Bancorporation
Cadence Bancorporation (NYSE: CADE), headquartered in Houston,
Texas, is a regional financial holding company with $17.4 billion
in assets as of March 31, 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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version on businesswire.com: https://www.businesswire.com/news/home/20190430005915/en/
Cadence
BancorporationMedia contact:Danielle
Kernell713-871-4051danielle.kernell@cadencebank.com
Investor relations contact:Valerie Toalson713-871-4103 or
800-698-7878vtoalson@cadencebancorporation.com
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