LITTLE ROCK — Bank OZK announced its Board of Directors has approved a regular quarterly cash dividend of $0.28 per common share payable April 19, 2021 to shareholders of record as of April 12, 2021. The dividend of $0.28 per common share represents an increase of $0.0025 per common share, or 0.90%, over the dividend paid in the previous quarter. Bank OZK has increased its quarterly cash dividend in each of the last forty-three quarters.
Bank OZK’s consistent track record of increasing its dividend has led to it being included in the S&P High Yield Dividend Aristocrats index since January 2018. The index consists of members of the S&P Composite 1500® that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 years, and that meet minimum float-adjusted market capitalization and liquidity requirements.