Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend

Published on Monday, 02 July 2012 13:46 Written by TradersHuddle Staff

Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.13 per common share payable July 20, 2012 to shareholders of record as of July 13, 2012. The dividend of $0.13 per share represents an increase of $0.01 per share, or 8.3%, over the dividend paid in the previous quarter. The Company has increased its quarterly dividend in ten of the last eleven quarters, including the past eight consecutive quarters.

Bank of the Ozarks, Inc. is a bank holding company with $3.84 billion in total assets as of March 31, 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 115 offices in Arkansas, Georgia, Texas, Florida, North Carolina, South Carolina and Alabama. 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.