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Cadence Bank (Cadence Bank) 5-Year Dividend Growth Rate : 8.20% (As of Dec. 2023)


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What is Cadence Bank 5-Year Dividend Growth Rate?

Cadence Bank's Dividends per Share for the three months ended in Dec. 2023 was $0.24.

During the past 12 months, Cadence Bank's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cadence Bank was 106.10% per year. The lowest was -64.30% per year. And the median was 8.95% per year.

Cadence Bank's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.17. As of today, Cadence Bank's Dividend Yield % is 3.29%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cadence Bank is 29.38, which seems too high.

Warning Sign:

Cadence Bank stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cadence Bank's 5-Year Dividend Growth Rate

For the Banks - Regional subindustry, Cadence Bank's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cadence Bank's 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cadence Bank's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cadence Bank's 5-Year Dividend Growth Rate falls into.



Cadence Bank 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cadence Bank  (NYSE:CADE) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cadence Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ Earnings per Share (Diluted) (Q: Dec. 2023 )
=0.235/ 1.41
=0.17

During the past 13 years, the highest Dividend Payout Ratio of Cadence Bank was 29.38. The lowest was 0.20. And the median was 0.31.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cadence Bank is 29.38, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cadence Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2352023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2352023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.2352023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cadence Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.955/29.02
=3.29 %

Current Share Price is $29.02.
Cadence Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.955.

During the past 13 years, the highest Dividend Yield of Cadence Bank was 5.01%. The lowest was 0.19%. And the median was 1.93%.

Warning Sign:

Cadence Bank stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cadence Bank 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Cadence Bank's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Cadence Bank (Cadence Bank) Business Description

Industry
Traded in Other Exchanges
Address
201 South Spring Street, One Mississippi Plaza, Tupelo, MS, USA, 38804
Cadence Bank is a bank based in the United States. The operating segments 1) Banking Services segment provides all traditional banking products and services, including commercial loans and deposits. 2) Mortgage segment includes mortgage banking activities of originating mortgage loans, and selling mortgage loans in the secondary market.3) Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities solutions to help protect, grow and transfer wealth. 4) Insurance Agencies segment provides service as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, etc. 5) General Corporate and Other segment included other activities not allocated to other aforementioned operating segments.