NEMS Daily JournalNortheast Mississippi Daily Journal
Jan 29, 2011 | 732 views | 0 | 5 | |
TUPELO - BancorpSouth said Thursday it will pay a dividend of 11 cents a share, halving its dividend from 22 cents to "preserve and build" its "already strong capital position," said Chairman and CEO Aubrey Patterson.
The dividend will be paid April 1 to shareholders of record on March 15.
BancorpSouth earned $15.8 million, or 19 cents a share, for the fourth quarter, reversing a net loss of $2.1 million, or 3 cents a share, a year earlier.