Bank OZK (NASDAQ:OZKAP) Stock Price Down 0.6% – Time to Sell?

Bank OZK (NASDAQ:OZKAPGet Free Report) shares were down 0.6% during trading on Tuesday . The stock traded as low as $15.66 and last traded at $15.68. 71,535 shares were traded during trading, an increase of 165% from the average session volume of 26,947 shares. The stock had previously closed at $15.77.

Bank OZK Price Performance

The stock has a 50-day moving average price of $16.17 and a two-hundred day moving average price of $16.33.

Bank OZK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2891 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.16 dividend on an annualized basis and a yield of 7.5%.

Bank OZK Company Profile

(Get Free Report)

Bank OZK, formerly Bank of the Ozarks until its rebranding in 2018, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank has expanded through both organic growth and strategic acquisitions to serve clients across the Southeast, Southwest and select Northern markets. Its operations include a network of branches and loan production offices in states such as Arkansas, Alabama, Florida, Georgia, North Carolina, New York, Texas and California.

The bank’s core business centers on specialty lending, with a particular focus on commercial real estate financing.

Further Reading

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