Bank OZK (OZK) Raises Quarterly Dividend 2.9% to $0.36; 3.5% Yield

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Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend

July 3, 2023 1:01 PM EDT

LITTLE ROCK, Ark., July 03, 2023 (GLOBE NEWSWIRE) -- Bank OZK (the Bank) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Banks common stock of $0.36 per share, up $0.01, or 2.86% from the prior quarter. The common stock dividend is payable on July 21, 2023 to shareholders of record as of July 14, 2023. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-two quarters.

The Board of Directors also declared a quarterly cash dividend of $0.28906 per share on the Banks 4.625% Series A Non-Cumulative... More