Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend
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LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.165 per common share payable October 21, 2016 to shareholders of record as of October 14, 2016. The dividend of $0.165 per common share represents an increase of $0.005 per common share, or 3.13%, over the dividend paid in the previous quarter. The Company has increased its quarterly cash dividend in each of the last twenty-five quarters.
Bank of the Ozarks, Inc. shares trade on the NASDAQ Global Select Market under the symbol “OZRK.” The Company had approximately $18 billion in total assets after completing its two recent acquisitions. The Company owns a state-chartered subsidiary bank that conducts banking operations through 255 offices in Arkansas, Georgia, North Carolina, Texas, Florida, Alabama, South Carolina, New York and California. The Company may be contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811. The Company’s website is: www.bankozarks.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161003006380/en/
Bank of the Ozarks, Inc.
Susan Blair, 501-978-2217
Source: Bank of the Ozarks, Inc.
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