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

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Bank OZK has announced an increase in its quarterly cash dividend on common stock to $0.41 per share, up 2.5% from the previous quarter. This marks the 57th consecutive quarter of dividend increases. The dividend is payable on October 18, 2024 to shareholders of record as of October 11, 2024. Additionally, the bank declared a quarterly cash dividend of $0.28906 per share on its 4.625% Series A Non-Cumulative Perpetual Preferred Stock, payable on November 15, 2024.

Bank OZK's consistent dividend growth has led to its inclusion in the S&P High Yield Dividend Aristocrats® index since January 2018. As of June 30, 2024, the bank had $36.84 billion in total assets and operates approximately 240 offices across nine states.

Bank OZK ha annunciato un aumento del suo dividendo in contante trimestrale sulle azioni ordinarie a $0.41 per azione, in aumento del 2,5% rispetto al trimestre precedente. Questo segna il 57° trimestre consecutivo di aumenti del dividendo. Il dividendo sarà pagabile il 18 ottobre 2024 agli azionisti registrati al 11 ottobre 2024. Inoltre, la banca ha dichiarato un dividendo in contante trimestrale di $0.28906 per azione sul suo 4,625% Serie A Non-Cumulativo Perpetuo Preferito, che sarà pagabile il 15 novembre 2024.

La costante crescita dei dividendi di Bank OZK ha portato alla sua inclusione nell'S&P High Yield Dividend Aristocrats® index da gennaio 2018. Al 30 giugno 2024, la banca aveva $36.84 miliardi in attivi totali e opera con circa 240 uffici in nove stati.

Bank OZK ha anunciado un aumento en su dividendo en efectivo trimestral sobre acciones comunes a $0.41 por acción, un incremento del 2.5% respecto al trimestre anterior. Esto marca el 57.º trimestre consecutivo de aumentos de dividendos. El dividendo se pagará el 18 de octubre de 2024 a los accionistas registrados al 11 de octubre de 2024. Además, el banco declaró un dividendo en efectivo trimestral de $0.28906 por acción en su acción preferente perpetua no acumulativa del 4.625%, pagadero el 15 de noviembre de 2024.

El crecimiento constante de los dividendos de Bank OZK ha llevado a su inclusión en el índice S&P High Yield Dividend Aristocrats® desde enero de 2018. Hasta el 30 de junio de 2024, el banco tenía $36.84 mil millones en activos totales y opera aproximadamente 240 oficinas en nueve estados.

Bank OZK는 보통주에 대한 분기 현금 배당금을 $0.41 per share로 2.5% 인상한다고 발표했습니다. 이는 57번째 연속 분기 배당금 인상을 의미합니다. 배당금은 2024년 10월 18일에 2024년 10월 11일 기준 주주에게 지급됩니다. 추가로, 은행은 4.625% 비누적 영구 우선주에 대해 $0.28906 per share의 분기 현금 배당금을 선언하였으며, 이는 2024년 11월 15일에 지급됩니다.

Bank OZK의 일관된 배당금 성장으로 인해 2018년 1월부터 S&P High Yield Dividend Aristocrats® index에 포함되었습니다. 2024년 6월 30일 기준, 은행은 36.84억 달러의 총 자산을 보유하고 있으며, 아홉 개 주에 걸쳐 약 240개 사무소를 운영하고 있습니다.

Bank OZK a annoncé une augmentation de son dividende en espèces trimestriel sur les actions ordinaires à $0.41 par action, soit une hausse de 2,5% par rapport au trimestre précédent. Cela marque le 57ème trimestre consécutif d'augmentation des dividendes. Le dividende sera payable le 18 octobre 2024 aux actionnaires inscrits au 11 octobre 2024. De plus, la banque a déclaré un dividende en espèces trimestriel de $0.28906 par action sur ses actions privilégiées permanentes non cumulatives de 4,625%, payable le 15 novembre 2024.

La croissance constante des dividendes de Bank OZK a conduit à son inclusion dans l'indice S&P High Yield Dividend Aristocrats® depuis janvier 2018. Au 30 juin 2024, la banque avait $36.84 milliards d'actifs totaux et opère environ 240 bureaux dans neuf États.

Bank OZK hat eine Erhöhung seiner vierteljährlichen Bar-Dividende auf Stammaktien auf $0.41 pro Aktie angekündigt, was einem Anstieg von 2,5% im Vergleich zum vorherigen Quartal entspricht. Dies markiert das 57. aufeinanderfolgende Quartal mit Dividendenerhöhungen. Die Dividende ist am 18. Oktober 2024 an Aktionäre auszuzahlen, die am 11. Oktober 2024 im Aktienregister stehen. Darüber hinaus erklärte die Bank eine vierteljährliche Bar-Dividende von $0.28906 pro Aktie auf ihre 4,625% Serie A Nicht-Kumulative Unbefristete Vorzugsaktien, die am 15. November 2024 ausgezahlt wird.

Das konsequente Dividendenwachstum von Bank OZK hat zu ihrer Aufnahme in den S&P High Yield Dividend Aristocrats® index seit Januar 2018 geführt. Zum 30. Juni 2024 hatte die Bank $36.84 Milliarden an Gesamtkapital und betreibt etwa 240 Büros in neun Bundesstaaten.

Positive
  • Increased quarterly cash dividend on common stock by 2.5% to $0.41 per share
  • 57 consecutive quarters of dividend increases
  • Inclusion in the S&P High Yield Dividend Aristocrats® index since January 2018
  • $36.84 billion in total assets as of June 30, 2024
Negative
  • None.

Fifty-seven consecutive quarters of increased quarterly cash dividend on its common stock

LITTLE ROCK, Ark., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.41 per share, up $0.01, or 2.5% from the prior quarter. The common stock dividend is payable on October 18, 2024 to shareholders of record as of October 11, 2024. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-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 (“Series A Preferred Stock”) (Nasdaq: OZKAP) for the period covering August 15, 2024 through, but excluding November 15, 2024. The Series A Preferred Stock dividend is payable on November 15, 2024, to the holders of record of the Series A Preferred Stock at the close of business on November 1, 2024.

Bank OZK’s consistent track record of increasing its common stock dividend has led to it being included in the S&P High Yield Dividend Aristocrats® index (Ticker: SPHYDA) since January 2018. The index consists of members of the S&P Composite 1500® that have followed a managed-dividends policy of consistently increasing common stock dividends every year for at least 20 years, and that meet minimum float-adjusted market capitalization and liquidity requirements. For more information on the index, visit www.spglobal.com/spdji.

GENERAL INFORMATION
Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations in approximately 240 offices in nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi and had $36.84 billion in total assets as of June 30, 2024. For more information, visit www.ozk.com.

The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 with the Federal Deposit Insurance Corporation (“FDIC”), copies of which are available electronically at the FDIC’s website at https://efr.fdic.gov/fcxweb/efr/index.html and are also available on the Bank’s investor relations website at ir.ozk.com. To receive automated email alerts for these materials please visit https://ir.ozk.com/other/email-alerts to sign up.

Investor Relations Contact:   Jay Staley (501) 906-7842
Media Contact: Michelle Rossow (501) 906-3922
   

FAQ

What is Bank OZK's new quarterly dividend for common stock?

Bank OZK's new quarterly dividend for common stock is $0.41 per share, an increase of 2.5% from the previous quarter.

When will Bank OZK (OZK) pay its next common stock dividend?

Bank OZK (OZK) will pay its next common stock dividend on October 18, 2024, to shareholders of record as of October 11, 2024.

How many consecutive quarters has Bank OZK increased its dividend?

Bank OZK has increased its quarterly cash dividend on common stock for 57 consecutive quarters.

What is the dividend amount for Bank OZK's Series A Preferred Stock?

The quarterly cash dividend for Bank OZK's Series A Preferred Stock is $0.28906 per share.

When was Bank OZK (OZK) included in the S&P High Yield Dividend Aristocrats index?

Bank OZK (OZK) has been included in the S&P High Yield Dividend Aristocrats index since January 2018.

Bank OZK

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Banks - Regional
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United States of America
Little Rock