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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 its 58th consecutive quarterly dividend increase, raising the common stock dividend by 2.44% to $0.42 per share, payable on January 21, 2025, to shareholders of record as of January 14, 2025. Additionally, the bank declared a quarterly dividend of $0.28906 per share on its 4.625% Series A Non-Cumulative Perpetual Preferred Stock, payable on February 18, 2025.

The bank's consistent dividend growth has earned it a place in the S&P High Yield Dividend Aristocrats® index since January 2018. As of September 30, 2024, Bank OZK operates approximately 240 offices across nine states with total assets of $37.44 billion.

Bank OZK ha annunciato il suo 58° aumento consecutivo del dividendo trimestrale, alzando il dividendo sulle azioni ordinarie del 2,44% a $0,42 per azione, pagabile il 21 gennaio 2025, agli azionisti registrati al 14 gennaio 2025. Inoltre, la banca ha dichiarato un dividendo trimestrale di $0.28906 per azione su 4.625% Serie A Azioni Preferenziali Perpetue Non Cumulative, pagabile il 18 febbraio 2025.

La crescita costante del dividendo della banca le ha guadagnato un posto nell'S&P High Yield Dividend Aristocrats® index da gennaio 2018. Al 30 settembre 2024, Bank OZK opera in circa 240 uffici distribuiti in nove stati, con un totale attivo di $37,44 miliardi.

Bank OZK ha anunciado su 58º aumento trimestral consecutivo del dividendo, elevando el dividendo de las acciones ordinarias en un 2,44% a $0,42 por acción, pagadero el 21 de enero de 2025, a los accionistas registrados al 14 de enero de 2025. Adicionalmente, el banco declaró un dividendo trimestral de $0.28906 por acción en su 4.625% Serie A de Acciones Preferentes Perpetuas No Acumulativas, pagadero el 18 de febrero de 2025.

El crecimiento constante del dividendo de la banca le ha ganado un lugar en el S&P High Yield Dividend Aristocrats® index desde enero de 2018. A partir del 30 de septiembre de 2024, Bank OZK opera aproximadamente 240 oficinas en nueve estados, con activos totales de $37.44 mil millones.

Bank OZK는 58번째 연속 분기 배당금 인상을 발표하며, 보통주 배당금을 2.44% 인상하여 $0.42 주당으로 정하고, 2025년 1월 21일에 2025년 1월 14일 기준 주주에게 지급할 예정이다. 또한, 은행은 4.625% A 시리즈 비누적 영구 우선주에 대해 주당 $0.28906의 분기 배당금을 선언하고, 이는 2025년 2월 18일에 지급될 예정이다.

은행의 지속적인 배당금 성장으로 인해 S&P High Yield Dividend Aristocrats® index에 2018년 1월부터 이름을 올렸다. 2024년 9월 30일 기준으로 Bank OZK는 9개 주에서 약 240개 사무소를 운영하며, 총 자산은 $37.44 십억이다.

Bank OZK a annoncé sa 58ème augmentation consécutive du dividende trimestriel, portant le dividende des actions ordinaires à 2,44% à $0,42 par action, payable le 21 janvier 2025 aux actionnaires enregistrés au 14 janvier 2025. De plus, la banque a déclaré un dividende trimestriel de $0.28906 par action sur ses actions préférentielles perpétuelles non cumulatives de 4.625% Série A, payable le 18 février 2025.

La croissance constante des dividendes de la banque lui a permis d'obtenir une place dans l'S&P High Yield Dividend Aristocrats® index depuis janvier 2018. Au 30 septembre 2024, Bank OZK exploite environ 240 bureaux dans neuf États avec des actifs totaux de $37,44 milliards.

Bank OZK hat ihre 58. aufeinanderfolgende vierteljährliche Dividendenerhöhung angekündigt und die Dividende der Stammaktien um 2,44% auf $0,42 pro Aktie erhöht, zahlbar am 21. Januar 2025 an die Aktionäre, die am 14. Januar 2025 im Aktienregister stehen. Darüber hinaus erklärte die Bank eine vierteljährliche Dividende von $0.28906 pro Aktie auf ihre 4.625% Serie A nicht kumulierten ewigen Vorzugsaktien, die am 18. Februar 2025 zahlbar ist.

Das konstante Dividendenwachstum der Bank hat ihr seit Januar 2018 einen Platz im S&P High Yield Dividend Aristocrats® index eingebracht. Zum 30. September 2024 betreibt die Bank OZK etwa 240 Büros in neun Bundesstaaten mit einem Gesamtvermögen von $37,44 Milliarden.

Positive
  • 58 consecutive quarters of dividend increases demonstrates strong financial stability
  • 2.44% increase in quarterly dividend shows continued growth
  • Inclusion in S&P High Yield Dividend Aristocrats® index indicates strong dividend policy
  • Substantial asset base of $37.44 billion as of September 30, 2024
Negative
  • None.

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

LITTLE ROCK, Ark., Jan. 02, 2025 (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 $0.42 per share, up $0.01, or 2.44% from the prior quarter. The common stock dividend is payable on January 21, 2025 to shareholders of record as of January 14, 2025. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-eight 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 November 15, 2024 through, but excluding February 15, 2025. The Series A Preferred Stock dividend is payable on February 18, 2025, to the holders of record of the Series A Preferred Stock at the close of business on February 3, 2025.

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 $37.44 billion in total assets as of September 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:
Media Contact:
     Jay Staley (501) 906-7842
Michelle Rossow (501) 906-3922
   

FAQ

What is Bank OZK's new quarterly dividend amount for Q1 2025?

Bank OZK's new quarterly dividend is $0.42 per share, representing a 2.44% increase from the previous quarter.

When will Bank OZK's Q1 2025 common stock dividend be paid?

The common stock dividend will be paid on January 21, 2025, to shareholders of record as of January 14, 2025.

How many consecutive quarters has OZK increased its dividend?

Bank OZK has increased its quarterly cash dividend for 58 consecutive quarters.

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

The Series A Preferred Stock dividend is $0.28906 per share, payable on February 18, 2025.

How many branches does Bank OZK operate and in how many states?

Bank OZK operates approximately 240 offices across nine states.

What was Bank OZK's total asset value as of September 30, 2024?

Bank OZK's total assets were $37.44 billion as of September 30, 2024.

Bank OZK

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4.91B
105.90M
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Banks - Regional
Financial Services
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United States of America
Little Rock