This is Why Cadence (CADE) is a Great Dividend Stock

Company Overview - Cadence (CADE) is headquartered in Tupelo and operates in the Finance sector. The stock has experienced a price decline of 13.35% since the beginning of the year [3]. - The company currently pays a dividend of $0.28 per share, resulting in a dividend yield of 3.69$1.10 has increased by 10% compared to the previous year. Over the last five years, the company has raised its dividend five times, averaging an annual increase of 7.84% [4]. - The current payout ratio for Cadence is 36%, indicating that the company distributes 36% of its trailing 12-month earnings per share as dividends [4]. Earnings Growth - The Zacks Consensus Estimate for Cadence's earnings in 2025 is projected at $2.93 per share, reflecting a year-over-year earnings growth rate of 6.93% [5]. Investment Considerations - Cadence is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold). The company is positioned well in the context of rising interest rates, which can impact high-yielding stocks [7].