Bank of the Ozarks (OZRK) will raise its quarterly dividend by 2.6 percent to $0.20 per share in the third quarter of 2018.
Bank of the Ozarks has increased its quarterly cash dividend in each of the last thirty-two quarters. The next dividend is payable July 20, 2018 to shareholders of record as of July 13, 2018.
The new dividend yield for OZRK is 1.7% based on the new $0.80 per share annual dividend. 2018 marks the 20th consecutive year of dividend increases.
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.