News Image

BancorpSouth Bank Declares Quarterly Common and Preferred Dividend

Provided By PR Newswire

Last update: Oct 27, 2021

TUPELO, Miss., Oct. 27, 2021 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth Bank (NYSE: BXS) (the company) declared a quarterly cash dividend of $0.20 per share of common stock.  The common stock dividend is payable on January 3, 2022, to shareholders of record at the close of business on December 15, 2021.  Subject to the satisfaction of customary closing conditions, the company expects to complete its pending merger with Cadence Bancorporation, the parent company of Cadence Bank N.A., effective October 29, 2021.  Accordingly, legacy Cadence shareholders, who receive shares of company common stock in the merger and continue to hold such shares as of the record date, will be eligible to receive this dividend. 

Read more at prnewswire.com
Follow ChartMill for more