LAFAYETTE, La., June 19, 2018 /PRNewswire/ -- The Board of
Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the
declaration of a quarterly cash dividend of $0.38 per common share. The dividend is payable
on July 27, 2018, to shareholders of
record as of June 29, 2018.
This quarterly dividend level equates to an annualized dividend
rate of $1.52 per common share. Based
on the closing common stock price on June
18, 2018, of $80.65 per common
share, the indicated dividend yield on the Company's common stock
was 1.88%.
The Company's common stock trades on the NASDAQ Global Select
Market under the symbol "IBKC". The Company's common stock market
capitalization was approximately $4.5
billion, based on the NASDAQ Global Select Market closing
common stock price on June 18,
2018.
IBERIABANK Corporation common shareholders may take advantage of
the Company's Dividend Reinvestment Plan. This program provides a
convenient, economical way for common shareholders to increase
their holdings of the Company's common stock. Common stock
shareholders pay no brokerage commissions or service charges while
participating in the plan.
Shareholders may enroll in IBERIABANK Corporation's common stock
Dividend Reinvestment Plan through the Investor Center at
www.computershare.com, or by completing an enrollment form.
Enrollment forms and a summary of the plan are available from
Computershare by calling (800) 368-5948.
IBERIABANK Corporation is a financial holding company based in
Lafayette, Louisiana with
locations in 12 states. IBERIABANK Corporation and its predecessor
organizations have served clients for 131 years.
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SOURCE IBERIABANK Corporation