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Bank of the Ozarks (OZRK) will raise its quarterly dividend by 2.8 percent to $0.185 per share in the fourth quarter of 2017. Its the fourth dividend increase this year for the bank holding company.

The new dividend will be payable October 20, 2017 to shareholders of record as of October 13, 2017.

Bank of the Ozarks, Inc. is a bank holding company. The Company owns a state-chartered subsidiary bank that conducts banking operations in Arkansas, Georgia, North Carolina, Texas, Florida, Alabama, South Carolina, New York and California.