GULFPORT, Miss., Aug. 21, 2007 (PRIME NEWSWIRE) -- Hancock Holding Company (Nasdaq:HBHC) today announced that the company's board of directors approved a regular third quarter 2007 common stock cash dividend of $0.24 per share.
Approved during the August meeting of the company's board of directors, the regular quarterly common stock cash dividend is payable September 14, 2007, to shareholders of record as of September 4, 2007.
Hancock Holding Company -- parent company of Hancock Bank of Alabama, Hancock Bank Mississippi, Hancock Bank of Florida, and Hancock Bank of Louisiana -- has assets of more than $5.9 billion. Bank subsidiaries include Hancock Investment Services, Inc., Hancock Insurance Agency, and Harrison Finance Company. Additionally, the company operates corporate trust offices in Gulfport, MS, Jackson, MS, New Orleans, LA, and Baton Rouge, LA. Hancock's trust department, a division of the wealth management group, has assets of $7.7 billion, with assets under management of $2.5 billion, as of June 30, 2007. Founded October 10, 1899, Hancock Bank is the only financial services company headquartered in the Gulf South to rate among the top 20 percent of America's top performing banks. Hancock consistently ranks as one of the country's strongest, safest financial institutions, according to Veribanc, Inc., and BauerFinancial Services, Inc. Thomson Financial also recently listed Hancock as the ninth largest corporate trustee bank in the U.S. More corporate information and online banking are available at www.hancockbank.com.
Investors can access additional corporate information or on-line banking and bill pay services at www.hancockbank.com.
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"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Congress passed the Private Securities Litigation Act of 1995 in an effort to encourage corporations to provide information about companies' anticipated future financial performance. This act provides a safe harbor for such disclosure, which protects the companies from unwarranted litigation if actual results are different from management expectations. This release contains forward-looking statements and reflects management's current views and estimates of future economic circumstances, industry conditions, Company performance, and financial results. These forward-looking statements are subject to a number of factors and uncertainties which could cause the Company's actual results and experience to differ from the anticipated results and expectations expressed in such forward-looking statements.