Bank OZK Extends Dividend Streak Amid Buyback Push

Bank OZK is raising its quarterly dividend to 48 cents per share, a 2.1% increase that marks the lender's 64th consecutive quarterly hike. This latest payout adjustment arrives just days after the board authorized a fresh $200 million stock buyback program to return capital to investors.

Yesterday, 23:43· Money Talk· 1,479 reads

The new dividend rate, totaling $1.92 on an annualized basis, reflects a 3.6% yield calculated against Wednesday’s closing share price of $52.85. Shareholders on record as of July 13 will receive the distribution on July 20.

This dividend growth streak underscores a consistent strategy for the Little Rock-based institution. The board’s decision to pair this increase with a substantial $200 million repurchase plan suggests a focus on bolstering shareholder value following recent market activity.

Bank OZK Extends Dividend Streak Amid Buyback Push

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