BancorpSouth Inc. Declares Quarterly Dividend.TUPELO tupelo, in botany tupelo: see black gum. Tupelo, city, United States Tupelo (t  `pĭlō, ty , Miss.--(BUSINESS WIRE)--April 22, 1998--At their regular quarterly meeting on April 22, 1998, the Board of Directors of BancorpSouth Inc. (NYSE NYSESee: New York Stock Exchange : BXS BXS Brussels Stock Exchange BXS Bronx X-Ray Server ) declared a quarterly cash dividend of $0.11 per common share payable July 1, 1998, to shareholders of record June 15, 1998. The dividend has been adjusted to reflect the previously announced two-for-one stock split effected in the form of a stock dividend that will be issued on May 15, 1998 to shareholders of record as of May 1, 1998. BancorpSouth previously reported 1998 first quarter earnings of $13.0 million with diluted first quarter earnings of $0.58 per share compared with first quarter earnings in 1997 of $11.6 million and $0.52 per share on a diluted basis. BancorpSouth Inc. currently operates Bank of Mississippi in Mississippi, and Volunteer Bank in West Tennessee West Tennessee is one of the three Grand Divisions in the U.S. state of Tennessee. Of the three, it is the most sharply defined geographically. Its boundaries are the Mississippi River on the west and the Tennessee River on the east. . The common stock of the company is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . CONTACT: BancorpSouth Inc., Tupelo L. Nash Allen Jr., 601/680-2330 or Gary C. Bonds, 601/680-2332 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion