On October 20, 2023, Bank OZK OZK will distribute a dividend payout of $0.37 per share, equating to an annualized dividend yield of 3.99%. Shareholders who owned the stock before the ex-dividend date on October 12, 2023 will receive this payout.
Bank OZK Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-12 | 4 | $0.37 | 3.99% | 2023-10-02 | 2023-10-13 | 2023-10-20 |
| 2023-07-13 | 4 | $0.36 | 3.59% | 2023-07-03 | 2023-07-14 | 2023-07-21 |
| 2023-04-13 | 4 | $0.35 | 4.09% | 2023-04-03 | 2023-04-14 | 2023-04-21 |
| 2023-01-13 | 4 | $0.34 | 3.39% | 2023-01-03 | 2023-01-17 | 2023-01-24 |
| 2022-10-13 | 4 | $0.33 | 3.34% | 2022-10-03 | 2022-10-14 | 2022-10-21 |
| 2022-07-14 | 4 | $0.32 | 3.41% | 2022-07-01 | 2022-07-15 | 2022-07-22 |
| 2022-04-13 | 4 | $0.31 | 2.9% | 2022-04-01 | 2022-04-15 | 2022-04-22 |
| 2022-01-13 | 4 | $0.3 | 2.58% | 2022-01-03 | 2022-01-14 | 2022-01-21 |
| 2021-10-14 | 4 | $0.29 | 2.7% | 2021-10-01 | 2021-10-15 | 2021-10-22 |
| 2021-07-09 | 4 | $0.28 | 2.7% | 2021-07-01 | 2021-07-12 | 2021-07-19 |
| 2021-04-09 | 4 | $0.28 | 2.74% | 2021-04-01 | 2021-04-12 | 2021-04-19 |
| 2021-01-14 | 4 | $0.28 | 3.55% | 2021-01-04 | 2021-01-15 | 2021-01-22 |
When comparing Bank OZK's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Truist Finl TFC having the highest annualized dividend yield at 7.41%.
Analyzing Bank OZK Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.94 to $1.26, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Bank OZK
From 2019 to 2022, Bank OZK experienced a growth in earnings per share, with an increase from $3.42 to $4.37. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of Bank OZK and its implications for shareholders. Presently, the company is distributing a dividend of $0.37 per share, leading to an annualized dividend yield of 3.99%.
When comparing Bank OZK's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Truist Finl having the highest annualized dividend yield at 7.41%.
With an increase in dividend per share and earnings per share from 2019 to 2022, Bank OZK demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[See current stock movements Bank OZK on Benzinga.](https://www.benzinga.com/quote/Bank OZK (NASDAQ: OZK))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
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