TUPELO, Miss., July 27, 2016 /PRNewswire/ -- At its regular
quarterly meeting today, the Board of Directors of BancorpSouth,
Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.125 per common share, which represents an
increase of $0.025 per common share,
or 25 percent, compared to its most recent dividend of $0.10 paid on July 1,
2016. The dividend is payable October 3, 2016 to shareholders of record at the
close of business on September 15,
2016.
BancorpSouth earlier reported financial results for the second
quarter of 2016. Net income was $34.7
million, or $0.37 per diluted
share, and net operating income – excluding MSR was $37.2 million, or $0.39 per diluted share.
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
$14.1 billion in assets.
BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc.,
operates 238 full service branch locations as well additional
mortgage, insurance, and loan production offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in
Illinois. BancorpSouth is committed to a culture of respect,
diversity, and inclusion in both its workplace and communities. To
learn more, visit our Community Commitment page at
www.bancorpsouth.com "Like" us on Facebook; follow us
on Twitter@MyBXS; or connect with us through
LinkedIn.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/bancorpsouth-inc-announces-increase-in-quarterly-dividend-to-0125-per-common-share-300305114.html
SOURCE BancorpSouth, Inc.