Bank OZK raises quarterly dividend 2.44% to 42c per share

Bank OZK (OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of 42c per share, up 1c, or 2.44% from the prior quarter. The common stock dividend is payable on January 21, 2025 to shareholders of record as of January 14, 2025. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-eight quarters. The Board of Directors also declared a quarterly cash dividend of 28.906c per share on the Bank’s 4.625% Series A Non-Cumulative Perpetual Preferred Stock for the period covering November 15, 2024 through, but excluding February 15, 2025. The Series A Preferred Stock dividend is payable on February 18, 2025, to the holders of record of the Series A Preferred Stock at the close of business on February 3, 2025.

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Read More on OZK:

• Bank OZK assumed with a Neutral at UBS
• Bank OZK price target raised to $40 from $35 at Wells Fargo

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