Bank OZK (NASDAQ:OZK – Get Free Report) declared a dividend on Wednesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Monday, April 13th will be given a dividend of 0.47 per share on Monday, April 20th. The ex-dividend date is Monday, April 13th.
Bank OZK has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 29 consecutive years. Bank OZK has a dividend payout ratio of 28.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Bank OZK to earn $6.75 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 27.3%.
Bank OZK Price Performance
Shares of OZK stock remained flat at $46.31 on Friday. 947,072 shares of the stock traded hands, compared to its average volume of 1,470,235. Bank OZK has a 52 week low of $35.71 and a 52 week high of $53.66. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.02 and a current ratio of 1.02. The company’s 50-day moving average is $46.97 and its 200 day moving average is $47.35. The company has a market cap of $5.18 billion, a PE ratio of 7.51 and a beta of 0.93.
About Bank OZK
Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.
The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.
Further Reading
Receive News & Ratings for Bank OZK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank OZK and related companies with MarketBeat.com's FREE daily email newsletter.
