IBERIABANK Corporation Declares Cash Dividend
LAFAYETTE, La., March 18, 2014
LAFAYETTE, La., March 18, 2014 /PRNewswire/ --The Board of Directors of
IBERIABANK Corporation(NASDAQ: IBKC) announced the declaration of a quarterly
cash dividend of $0.34 per share. The dividend is payable on April 25, 2014,
to shareholders of record as of March 31, 2014. This dividend level equates to
an annualized dividend rate of $1.36 per share. Based on the closing stock
price on March 18, 2014, of $69.76 per share, the Company had a market
capitalization of approximately $2 billion and the indicated dividend yield
The Company's common stock trades on the NASDAQ Global Select Market under the
IBERIABANK Corporation shareholders may take advantage of the Company's
Dividend Reinvestment Plan. This program provides a convenient, economical way
for shareholders to increase their holdings of the Company's common stock. The
shareholder pays no brokerage commissions or service charges while
participating in the plan.
To enroll in IBERIABANK Corporation's Dividend Reinvestment Plan, shareholders
must have their stock certificate numbers and complete an enrollment form.
Enrollment forms and a summary of the plan are available from the Registrar
and Transfer Company by calling (800) 368-5948.
IBERIABANK Corporation is a financial holding company based in Lafayette,
Louisiana with locations in 12 states. IBERIABANK Corporation and its
predecessor organizations have served clients for 127 years.
SOURCE IBERIABANK Corporation
Contact: Daryl G. Byrd, President and CEO, (337) 521-4003; John R. Davis,
Senior Executive Vice President, (337) 521-4005
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