TUPELO, Miss., April 25, 2012 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.01 per common share. The dividend is payable July 2, 2012 to shareholders of record at the close of business on June 15, 2012. BancorpSouth earlier reported net income of $22.9 million or $0.25 per share for the first quarter of 2012. BancorpSouth, Inc. is a financial holding company headquartered in Tupelo, Mississippi, with $13.3 billion in assets. BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc., operates approximately 286 commercial banking, mortgage, insurance, trust and broker/dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas. BancorpSouth Bank also operates an insurance location in Illinois. SOURCE BancorpSouth, Inc.