{"id":744819,"date":"2023-04-03T16:04:35","date_gmt":"2023-04-03T20:04:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bank-ozk-announces-increase-to-quarterly-common-stock-dividend-and-announces-preferred-stock-dividend-4\/"},"modified":"2023-04-03T16:04:35","modified_gmt":"2023-04-03T20:04:35","slug":"bank-ozk-announces-increase-to-quarterly-common-stock-dividend-and-announces-preferred-stock-dividend-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bank-ozk-announces-increase-to-quarterly-common-stock-dividend-and-announces-preferred-stock-dividend-4\/","title":{"rendered":"Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend"},"content":{"rendered":"

\nFifty-one consecutive quarters of increased quarterly cash dividend on its common stock
\n<\/h2>\n
\n

LITTLE ROCK, Ark., April 03, 2023 (GLOBE NEWSWIRE) — Bank OZK (the \u201cBank\u201d) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank\u2019s common stock of $0.35 per share, up $0.01, or 2.94% from the prior quarter. The common stock dividend is payable on April 21, 2023 to shareholders of record as of April 14, 2023. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-one quarters.<\/p>\n

The Board of Directors also declared a quarterly cash dividend of $0.28906 per share on the Bank\u2019s 4.625% Series A Non-Cumulative Perpetual Preferred Stock (\u201cSeries A Preferred Stock\u201d) (Nasdaq: OZKAP) for the period covering February 15, 2023 through, but excluding May 15, 2023. The Series A Preferred Stock dividend is payable on May 15, 2023, to the holders of record of the Series A Preferred Stock at the close of business on May 1, 2023.<\/p>\n

Bank OZK\u2019s consistent track record of increasing its common stock dividend has led to it being included in the S&P High Yield Dividend Aristocrats\u00ae index (Ticker: SPHYDA) since January 2018. The index consists of members of the S&P Composite 1500\u00ae that have followed a managed-dividends policy of consistently increasing common stock dividends every year for at least 20 years, and that meet minimum float-adjusted market capitalization and liquidity requirements. For more information on the index, visit www.spglobal.com\/spdji<\/a>.<\/p>\n

\n
\n GENERAL INFORMATION<\/u>
\n <\/strong>\n <\/p>\n

Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations with over 240 offices in eight states including Arkansas, Georgia, Florida, North Carolina, Texas, New York, California and Mississippi and had $27.66 billion in total assets as of December 31, 2022. Bank OZK can be found at\u00a0www.ozk.com<\/a>\u00a0and on\u00a0Facebook<\/a>,\u00a0Twitter<\/a>\u00a0and\u00a0LinkedIn<\/a>\u00a0or contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811.<\/p>\n

The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 with the Federal Deposit Insurance Corporation (\u201cFDIC\u201d), copies of which are available electronically at the FDIC\u2019s website at\u00a0https:\/\/efr.fdic.gov\/fcxweb\/efr\/index.html<\/a>\u00a0and are also available on the Bank\u2019s investor relations website at ir.ozk.com<\/a>. To receive automated email alerts for these materials please visit\u00a0https:\/\/ir.ozk.com\/other\/email-alerts<\/a>\u00a0to sign up.<\/p>\n


\n
\n \n <\/div>\n

\n
Investor Relations Contact:  Jay Staley (501) 906-7842\r\nMedia Contact:  Michelle Rossow (501) 906-3922<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Fifty-one consecutive quarters of increased quarterly cash dividend on its common stock LITTLE ROCK, Ark., April 03, 2023 (GLOBE NEWSWIRE) — Bank OZK (the \u201cBank\u201d) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank\u2019s common stock of $0.35 per share, up $0.01, or 2.94% from the prior quarter. The common stock dividend is payable on April 21, 2023 to shareholders of record as of April 14, 2023. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-one quarters. The Board of Directors also declared a quarterly cash dividend of $0.28906 per share on the Bank\u2019s 4.625% Series A Non-Cumulative Perpetual Preferred Stock (\u201cSeries A Preferred Stock\u201d) … <\/p>\n
Continue reading “Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-744819","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bank-ozk-announces-increase-to-quarterly-common-stock-dividend-and-announces-preferred-stock-dividend-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fifty-one consecutive quarters of increased quarterly cash dividend on its common stock LITTLE ROCK, Ark., April 03, 2023 (GLOBE NEWSWIRE) — Bank OZK (the \u201cBank\u201d) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank\u2019s common stock of $0.35 per share, up $0.01, or 2.94% from the prior quarter. 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