Bank OZK Announces Increase to Quarterly Common Stock Dividend From $0.40 To $0.41 Per Share
Portfolio Pulse from Benzinga Newsdesk
Bank OZK has announced an increase in its quarterly common stock dividend from $0.40 to $0.41 per share, marking a 2.5% rise. This dividend is payable on October 18, 2024, to shareholders of record as of October 11, 2024. The bank has consistently increased its dividend for 57 consecutive quarters.
October 01, 2024 | 8:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bank OZK has increased its quarterly dividend by 2.5% to $0.41 per share, continuing a 57-quarter streak of dividend increases.
The increase in the dividend is a positive signal to investors, indicating financial health and a commitment to returning value to shareholders. This consistent increase over 57 quarters may boost investor confidence and potentially lead to a short-term rise in stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100