TUPELO, Miss., Aug. 15, 2007 (PRIME NEWSWIRE) -- The board of directors of Renasant Corporation (Nasdaq:RNST) (the "Company") today approved the payment of a quarterly cash dividend of seventeen cents ($0.17) per share to be paid October 1, 2007, to shareholders of record as of September 17, 2007. This action boosts the cash dividend from the current annual rate of $0.64 per share to $0.68 per share. In addition, the increase marks the 20th consecutive year the Company has increased its dividend.
ABOUT RENASANT CORPORATION
Renasant Corporation, headquartered in Tupelo, MS, is the parent of Renasant Bank and Renasant Insurance, and operates 70 banking, mortgage and insurance offices in Mississippi, Tennessee and Alabama. The company has assets of approximately $3.4 billion.
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