Bank OZK provides various retail and commercial banking services. It accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. The company also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural, small business, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, it provides trust and wealth services, such as personal, custodial, investment management, and retirement accounts, as well as corporate trust services comprising trustee, paying and registered transfer agent, and other incidental services. Further, the company offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, and merchant and commercial card services, as well as zero balance and investment sweep accounts. Additionally, it provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. As of December 31, 2021, it operated approximately 240 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Carolina, California, New York, and Mississippi. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
Bank OZK Dividend Announcement
• Bank OZK announced a quarterly dividend of $0.41 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-11
• Bank OZK annual dividend for 2024 was $1.58
• Bank OZK annual dividend for 2023 was $1.42
• Bank OZK's trailing twelve-month (TTM) dividend yield is 4.1%
• Bank OZK's payout ratio for the trailing twelve months (TTM) is 26.92%
• Bank OZK's dividend growth over the last five years (2018-2023) was 12.30% year
• Bank OZK's dividend growth over the last ten years (2013-2023) was 7.03% year
Bank OZK Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $0.41 | quarterly | 2024-10-18 |
2024-07-12 | $0.40 | quarterly | 2024-07-19 |
2024-04-11 | $0.39 | quarterly | 2024-04-19 |
2024-01-12 | $0.38 | quarterly | 2024-01-23 |
2023-10-12 | $0.37 | quarterly | 2023-10-20 |
2023-07-13 | $0.36 | quarterly | 2023-07-21 |
2023-04-13 | $0.35 | quarterly | 2023-04-21 |
2023-01-13 | $0.34 | quarterly | 2023-01-24 |
2022-10-13 | $0.33 | quarterly | 2022-10-21 |
2022-07-14 | $0.32 | quarterly | 2022-07-22 |
2022-04-13 | $0.31 | quarterly | 2022-04-22 |
2022-01-13 | $0.30 | quarterly | 2022-01-21 |
2021-10-14 | $0.29 | quarterly | 2021-10-22 |
2021-07-09 | $0.28 | quarterly | 2021-07-19 |
2021-04-09 | $0.28 | quarterly | 2021-04-19 |
2021-01-14 | $0.28 | quarterly | 2021-01-22 |
2020-10-08 | $0.28 | quarterly | 2020-10-19 |
2020-07-10 | $0.27 | quarterly | 2020-07-20 |
2020-04-09 | $0.27 | quarterly | 2020-04-20 |
2020-01-16 | $0.26 | quarterly | 2020-01-24 |
2019-10-10 | $0.25 | quarterly | 2019-10-18 |
2019-07-11 | $0.24 | quarterly | 2019-07-19 |
2019-04-12 | $0.23 | quarterly | 2019-04-22 |
2019-01-14 | $0.22 | quarterly | 2019-01-22 |
2018-10-11 | $0.21 | quarterly | 2018-10-19 |
2018-07-12 | $0.20 | quarterly | 2018-07-20 |
2018-04-12 | $0.20 | quarterly | 2018-04-20 |
2018-01-18 | $0.19 | quarterly | 2018-01-26 |
2017-10-12 | $0.18 | quarterly | 2017-10-20 |
2017-07-12 | $0.18 | quarterly | 2017-07-21 |
2017-04-11 | $0.17 | quarterly | 2017-04-21 |
2017-01-18 | $0.17 | quarterly | 2017-01-27 |
2016-10-12 | $0.17 | quarterly | 2016-10-21 |
2016-07-13 | $0.16 | quarterly | 2016-07-22 |
2016-04-13 | $0.15 | quarterly | 2016-04-22 |
2016-01-13 | $0.15 | quarterly | 2016-01-22 |
2015-10-14 | $0.14 | quarterly | 2015-10-23 |
2015-07-15 | $0.14 | quarterly | 2015-07-24 |
2015-04-15 | $0.14 | quarterly | 2015-04-24 |
2015-01-14 | $0.13 | quarterly | 2015-01-23 |
2014-10-15 | $0.12 | quarterly | 2014-10-24 |
2014-07-09 | $0.12 | quarterly | 2014-07-18 |
2014-04-09 | $0.23 | quarterly | 2014-04-18 |
2014-01-15 | $0.22 | quarterly | 2014-01-24 |
2013-10-09 | $0.21 | quarterly | 2013-10-18 |
2013-07-10 | $0.19 | quarterly | 2013-07-19 |
2013-04-10 | $0.17 | quarterly | 2013-04-19 |
2013-01-16 | $0.15 | quarterly | 2013-01-25 |
Bank OZK Dividend per year
Bank OZK Dividend growth
Bank OZK Dividend Yield
Bank OZK current trailing twelve-month (TTM) dividend yield is 4.1%. Interested in purchasing Bank OZK stock? Use our calculator to estimate your expected dividend yield:
Bank OZK Financial Ratios
Bank OZK Dividend FAQ
Other factors to consider when evaluating Bank OZK as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Bank OZK's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank OZK publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank OZK distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank OZK are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Bank OZK sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank OZK distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank OZK declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Bank OZK's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank OZK's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.