Bank of the Ozarks Announces Increased Regular Quarterly Dividend to $0.14, a 7.7% Increase
Bank of the Ozarks (NASDAQ: OZRK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.14 per common share payable October 19, 2012 to shareholders of record as of October 12, 2012. The dividend of $0.14 per share represents an increase of $0.01 per share, or 7.7%, over the dividend paid in the previous quarter. The Company has increased its quarterly dividend in eleven of the last twelve quarters, including the past nine consecutive quarters.
Bank of the Ozarks, Inc. is a bank holding company with $3.76 billion in total assets as of June 30, 2012 and trades on the NASDAQ Global Select Market under the symbol “OZRK.” The Company owns a state-chartered subsidiary bank that conducts banking operations through 116 offices in Arkansas, Georgia, Texas, Florida, Alabama, North Carolina and South Carolina. The Company may be contacted at (501) 978-2265 or P. O. Box 8811, Little Rock, Arkansas 72231-8811. The Company's website is: www.bankozarks.com.
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