Bank OZK (OZK), formerly Bank of the Ozarks (OZRK), will raise its quarterly dividend by another 4.3 percent to $0.24 per share 2019. The company has increased its dividend for 21 consecutive years. Also Bank OZK has increased its quarterly cash dividend in each of the last thirty-six quarters.

The next dividend is payable July 19, 2019 to shareholders of record as of July 12, 2019. A new annualized rate of 96 cents per share yields 3.3% at a stock price of $29.27.

Bank OZK, formerly 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. The company's deposit services, including checking, savings, money market, time deposit and individual retirement accounts and loan services, including real estate, consumer, commercial, industrial and agricultural loans and leasing services. OZK also provides services such as mortgage lending, lock box services and  financial planning and operates ATMs.