TUPELO, Miss., Jan. 27, 2011 /PRNewswire/ -- At its regular
quarterly meeting on January 26,
2011, the Board of Directors of BancorpSouth, Inc. (NYSE:
BXS) declared a quarterly cash dividend of $0.11 per common share. The dividend is
payable April 1, 2011 to shareholders
of record at the close of business on March
15, 2011.
Aubrey Patterson, Chairman and
Chief Executive Officer of BancorpSouth, remarked, "In order to
preserve and build upon BancorpSouth's already strong capital
position, the Board of Directors declared a common stock dividend
of $0.11 per share, down from
$0.22 per share for the previous
quarter."
BancorpSouth earlier today reported net income of $15.8 million or $0.19 per diluted share for the fourth quarter of
2010.
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
$13.6 billion in assets.
BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth,
Inc., operates approximately 312 commercial banking, mortgage,
insurance, trust and broker/dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas. BancorpSouth Bank also operates
an insurance location in Illinois.
SOURCE BancorpSouth, Inc.