Bank OZK Raises Quarterly Dividend - A Positive Move for Shareholders

Monday, 1 April 2024, 20:15

Bank OZK (OZK) announces a 2.6% increase in its quarterly dividend payout to $0.39 per share, up from the previous $0.38. This move reflects the company's stable financial position and commitment to enhancing shareholder value. With a forward yield of 3.48%, this dividend increase is set to benefit shareholders, with the payout scheduled for April 19. In the competitive financial market, such dividend increases signal confidence and stability to investors.
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Bank OZK Raises Quarterly Dividend - A Positive Move for Shareholders

Bank OZK Increases Quarterly Dividend

Bank OZK (OZK) has declared a 2.6% increase in their quarterly dividend, now at $0.39 per share compared to the previous $0.38. This move highlights the company's focus on shareholder value and financial stability.

Key Points:

  • Dividend Increase: The quarterly dividend has been raised by 2.6%.
  • Forward Yield: The new dividend offers a forward yield of 3.48%.
  • Payout Date: Shareholders of record will receive the dividend on April 19.

In the competitive financial landscape, such increases are viewed positively by investors, signaling the company's confidence in its financial health and growth prospects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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