Cadence Bancorporation Declares Quarterly Cash Dividend
February 04 2020 - 1:57PM
Business Wire
The board of directors of Cadence Bancorporation (NYSE: CADE)
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 February
25, 2020 to holders of record of Cadence’s Class A common stock on
February 18, 2020.
About Cadence Bancorporation
Cadence Bancorporation (NYSE: CADE), headquartered in Houston,
Texas, is a regional financial holding company with $17.8 billion
in assets as of December 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/20200204005917/en/
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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