Bank of the Ozarks announces dividend
by January 3, 2011 5:46 pm 60 views
Little Rock-based Bank of the Ozarks announced Monday (Jan. 3) a regular quarterly cash dividend of 17 cents per common share payable Jan. 21, 2011 to shareholders of record as of Jan. 14, 2011.
The 17-cent per share dividend represents an increase of 1 cent per share, or 6.25%, over the dividend paid in the previous quarter. The company has increased its quarterly dividend in four of the last five quarters.
Bank of the Ozarks, Inc. is a bank holding company with $3.2 billion in total assets as of Sept. 30, 2010, and owns a state-chartered subsidiary bank that conducts banking operations through 90 offices in Arkansas, Texas, Georgia, Florida, South Carolina, North Carolina, and Alabama.
Bank shares (NASDAQ: OZRK) closed Monday at $44.46, up $1.11 over the previous close. During the past 52 weeks, the share price has ranged from a $44.94 high to a $27.98 low.