Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend

Core Points - Bank OZK has been included in the S&P High Yield Dividend Aristocrats® index since January 2018 due to its consistent track record of increasing common stock dividends for at least 20 years [1] - The Board of Directors declared a quarterly cash dividend of $0.40 per share on the common stock, representing a 2.56% increase from the previous quarter [5] - As of March 31, 2024, Bank OZK had total assets of $36.03 billion and operates approximately 240 offices across eight states [4] Dividend Information - The quarterly cash dividend on the Bank's common stock is payable on July 19, 2024, to shareholders of record as of July 12, 2024 [5] - A quarterly cash dividend of $0.28906 per share was declared on the Bank's Series A Non-Cumulative Perpetual Preferred Stock, payable on August 15, 2024 [3] Company Overview - Bank OZK, established in 1903, provides innovative financial solutions and operates in eight states including Arkansas, Georgia, Florida, North Carolina, Texas, New York, California, and Mississippi [4]