Bank OZK to pay quarterly dividend

Bank OZK announced Wednesday that it will pay a regular quarterly cash dividend of 27 cents per common share to stockholders of record as of April 13. The dividend is payable April 20.

The Little Rock bank has increased its quarterly cash dividend in each of the past 39 quarters.

The 27-cent dividend represents an increase of 1 cent per common share, or 3.8%, over the dividend paid in the previous quarter.

Bank OZK has not yet scheduled a date to release first-quarter earnings. The company, with $23.56 billion in total assets, has banking operations and more than 250 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, New York, California and Mississippi.

Business on 04/02/2020

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