Bank OZK (NASDAQ:OZKAP – Get Free Report)’s stock price was up 0.4% on Thursday . The company traded as high as $16.38 and last traded at $16.36. Approximately 23,978 shares traded hands during trading, a decline of 9% from the average daily volume of 26,361 shares. The stock had previously closed at $16.29.
Bank OZK Trading Down 0.6%
The stock’s 50-day simple moving average is $16.45 and its two-hundred day simple moving average is $16.51.
Bank OZK Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were paid a $0.2891 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.1%.
About Bank OZK
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.
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