BancorpSouth, Inc. Announces Increase in Quarterly Dividend to $0.14 per Common Share
TUPELO, Miss., July 26, 2017 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth, Inc. (NYSE:BXS) declared a quarterly cash dividend of $0.14 per common share, which represents an increase of $0.015 per common share, or 12 percent, compared to its most recent dividend paid on July 3, 2017. The dividend is payable October 2, 2017 to shareholders of record at the close of business on September 15, 2017.
BancorpSouth earlier reported financial results for the second quarter of 2017. Net income was $37.9 million, or $0.41 per diluted share, and net operating income – excluding MSR – was $38.8 million, or $0.42 per diluted share.
BancorpSouth, Inc. is a financial holding company headquartered in Tupelo, Mississippi, with $14.8 billion in assets. BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc., operates 234 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.
SOURCE BancorpSouth, Inc.
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