Cadence Bank Dividends and Buybacks
Dividend criteria checks 4/6
Cadence Bank is a dividend paying company with a current yield of 2.96%. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
3.0%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 10.1% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$1.000 |
| Payout ratio | 152% |
Recent dividend and buyback updates
Recent updates
Cadence Bank: Above-Average NIM Prospects Can Lead To Continuing Outperformance
Oct 04Cadence Bank: Residential Mortgages Drive Growth
Jul 23Cadence Bank: Assessing Recent Pain
Apr 21Cadence Bank (NYSE:CADE) Will Pay A Larger Dividend Than Last Year At $0.25
Feb 13
Cadence Bank (NYSE:CADE) Will Pay A Larger Dividend Than Last Year At $0.25
Jan 28Cadence Bank: A Respectful Downgrade After A Remarkable Run
Dec 24Cadence Bank - Strong Loan Growth And Depressed Valuation Make For A Buy
Oct 03Cadence Bank: Another Regional Bank Worth Considering
Jul 10Cadence Bank raises dividend by 7% to $0.235
Jan 25Cadence Bank: Better Growth And Betas, But It Will Get Harder From Here
Dec 14Cadence Bank Non-GAAP EPS of $0.78, revenue of $479.85M
Oct 24Cadence Bank: Higher Interest Rates Erode The Tangible Book Value
Oct 01Cadence Bank Non-GAAP EPS of $0.73, revenue of $324.8M
Jul 25Cadence Bank: A Well-Covered 4% Yield While Preferreds Offer A 5.85% Income
Jul 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CADE's dividends per share have been stable in the past 10 years.
Growing Dividend: CADE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cadence Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CADE) | 3.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (CADE) (up to 3 years) | 3.1% |
Notable Dividend: CADE's dividend (2.96%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CADE's dividend (2.96%) is low compared to the top 25% of dividend payers in the US market (4.53%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (152.1%), CADE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CADE's dividends in 3 years are forecast to be well covered by earnings (34% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 06:42 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cadence Bank is covered by 31 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared Shaw | Barclays |
| Blair Brantley | BB&T Capital Markets |
| Benjamin Gerlinger | Citigroup Inc |