Cadence (CADE) is a Top Dividend Stock Right Now: Should You Buy?

Group 1: Company Overview - Cadence (CADE) is headquartered in Tupelo and has experienced a price change of -11.73% this year [3] - The current dividend payout is $0.28 per share, resulting in a dividend yield of 3.62$1.10, reflecting a 10% increase from the previous year [4] - Over the past five years, Cadence has increased its dividend four times, averaging an annual increase of 7.84% [4] - The current payout ratio is 36%, indicating that Cadence pays out 36% of its trailing 12-month earnings per share as dividends [4] Group 3: Earnings Growth - The Zacks Consensus Estimate for Cadence's earnings in 2025 is $2.86 per share, which represents a year-over-year earnings growth rate of 4.38% [5] Group 4: Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - High-growth firms or tech start-ups typically do not provide dividends, while established companies with secure profits are preferred for dividend investments [7] - Cadence is positioned as a compelling investment opportunity due to its strong dividend profile and a Zacks Rank of 3 (Hold) [7]