TUPELO, Miss., April 27, 2011 /PRNewswire/ -- At its regular
quarterly meeting on April 27, 2011,
the Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a
quarterly cash dividend of $0.01 per
common share. The dividend is payable July 1, 2011 to shareholders of record at the
close of business on June 15,
2011.
Aubrey Patterson, Chairman and
Chief Executive Officer of BancorpSouth, remarked, "In order to
better preserve BancorpSouth's strong capital position, the Board
of Directors declared a common stock dividend of $0.01 per share, down from $0.11 per share for the previous quarter."
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
$13.5 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.