Bank OZK Announces Increase Quarterly Common Stock Dividend From $0.39 To $0.40 Per Share
Portfolio Pulse from Benzinga Newsdesk
Bank OZK announced an increase in its quarterly common stock dividend from $0.39 to $0.40 per share, marking a 2.56% rise. This dividend is payable on July 19, 2024, to shareholders of record as of July 12, 2024. The bank has consistently increased its quarterly dividend for the past fifty-six quarters.
July 01, 2024 | 8:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bank OZK has announced a 2.56% increase in its quarterly dividend to $0.40 per share, continuing its trend of consistent dividend growth for fifty-six quarters.
The increase in the quarterly dividend is a positive signal to investors, indicating the bank's strong financial health and commitment to returning value to shareholders. This consistent dividend growth can attract income-focused investors and potentially drive the stock price up in the short term.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100