Bank Ozk (NASDAQ:OZK) Increases Dividend to $0.24 Per Share
Bank Ozk (NASDAQ:OZK) declared a quarterly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Friday, July 12th will be given a dividend of 0.24 per share on Friday, July 19th. This represents a $0.96 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Thursday, July 11th. This is an increase from Bank Ozk’s previous quarterly dividend of $0.23.
OZK opened at $29.86 on Wednesday. The business has a 50 day simple moving average of $30.08. The company has a market cap of $3.85 billion, a P/E ratio of 9.22, a PEG ratio of 0.71 and a beta of 1.85. Bank Ozk has a 12 month low of $21.02 and a 12 month high of $47.18. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.96 and a current ratio of 0.96.
Bank Ozk (NASDAQ:OZK) last released its quarterly earnings data on Wednesday, April 17th. The company reported $0.86 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.01. The company had revenue of $249.96 million during the quarter, compared to the consensus estimate of $251.88 million. Bank Ozk had a net margin of 33.40% and a return on equity of 11.11%. During the same period last year, the firm earned $0.88 EPS. As a group, equities analysts anticipate that Bank Ozk will post 3.49 earnings per share for the current year.
About Bank Ozk
Bank OZK provides retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits.
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