Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend | $OZK

Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.31 per share, up $0.01, or 3.33%, from the prior quarter. The common stock dividend is payable on April 22, 2022 to shareholders of record as of April 15, 2022.

Bank OZK has increased its quarterly cash dividend on its common stock in each of the last forty-seven quarters.

The Board of Directors also declared a quarterly cash dividend of $0.28906 per share on the Bank’s 4.625% Series A Non-Cumulative Perpetual Preferred Stock $OZKAP for the period covering February 15, 2022 through, but excluding May 15, 2022.

The Series A Preferred Stock dividend is payable on May 16, 2022, to the holders of record of the Series A Preferred Stock at the close of business on May 2, 2022.