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Bank of the Ozarks increases regular quarterly dividend.

BANKING AND CREDIT NEWS-April 6, 2016-Bank of the Ozarks increases regular quarterly dividend

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Board of directors of Bank of the Ozarks, Inc. (NASDAQ: OZRK) has approved a regular quarterly cash dividend of USD0.155 per common share payable April 22, 2016 to shareholders of record as of April 15, 2016.

The dividend of USD0.155 per common share represents an increase of USD0.005 per common share, or 3.3 percent, over the dividend paid in the previous quarter. The company has increased its quarterly cash dividend in each of the last 23 quarters.

Bank of the Ozarks, Inc. is a bank holding company with USD9.9 billion in total assets as of December 31, 2015. The company owns a state-chartered subsidiary bank that conducts banking operations through 176 offices in Arkansas, Georgia, North Carolina, Texas, Florida, Alabama, South Carolina, New York and California.

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Publication:M2 Banking & Credit News (BCN)
Date:Apr 6, 2016
Words:163
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