BXS - BancorpSouth Bank Announces Increase in Quarterly Common Dividend; Declares Preferred Dividend

PR Newswire

TUPELO, Miss. , July 28, 2021 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth Bank (NYSE: BXS) declared a quarterly cash dividend of $0.20 per share of common stock, which represents an increase of $0.01 per common share, or 5.3 percent, compared to its most recent dividend paid on July 1 , 2021.  The common stock dividend is payable on October 1, 2021 , to shareholders of record at the close of business on September 15 , 2021.

The Board of Directors also declared a quarterly cash dividend of $0.34375 per share of Series A Preferred Stock.  The preferred stock dividend is payable on August 20, 2021 , to shareholders of record at the close of business on August 5, 2021 .

BancorpSouth earlier reported financial results for the second quarter of 2021. Net income available to common shareholders was $73.2 million , or $0.69 per diluted share, and net operating income available to common shareholders – excluding MSR – was $90.6 million , or $0.86 per diluted share.

About BancorpSouth Bank
BancorpSouth Bank (NYSE: BXS) is headquartered in Tupelo, Mississippi , with approximately $28 billion in assets.  BancorpSouth operates approximately 315 full-service branch locations as well as additional mortgage, insurance, and loan production offices in Alabama , Arkansas , Florida , Georgia , 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 and Instagram:  @MyBXS; or connect with us through LinkedIn.

SOURCE BancorpSouth Bank