Cadence Bancorp Dividends
The next dividend date for Cadence Bancorp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Cadence Bancorp (CADE)
More About Cadence Bancorp
Cadence Bank provides commercial banking and financial services in the United States. It operates through Corporate Banking, Community Banking, Mortgage, and Banking Services segments. The company offers deposit products, including checking accounts, savings accounts, money market accounts, time deposits, and other deposit accounts through multiple channels It also provides commercial, consumer, industrial, and residential and commercial real estate loans. In addition, the company offers term loans, lines of credit, equipment and receivable financing, energy, restaurant, healthcare, technology, small business administration, agricultural loans, construction loans, second mortgage loans, and home equity lines of credit, as well as automobiles, recreation vehicles, boats, secured and unsecured personal, and deposit account secured loans. Further, it provides wealth management, and other fiduciary and private banking services. Additionally, the company offers trust and investment management, asset management, and retirement and savings solutions, as well as estate planning, annuity, and credit-related products. It serves individuals, businesses, governmental institutions, and non-profit entities. The company was founded in 1876 and is headquartered in Tupelo, Mississippi.
Owning Cadence Bancorp Stock on the Dividend Date
If you own Cadence Bancorp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cadence Bancorp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cadence Bancorp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cadence Bancorp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cadence Bancorp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cadence Bancorp Dividends
You can contact us any time if you would like to ask questions about Cadence Bancorp dividends or anything else related to the stock market.