Bank OZK (OZK) hikes dividend by 2.1%
Bank OZK (OZK) announced a 2.1% dividend increase to $0.49 per share quarterly on October 1, 2026. This marks the bank's fourth dividend hike of 2026, bringing total dividend growth this year to 8.9% and extending its dividend growth record to 28 consecutive years.
The new quarterly dividend brings Bank OZK's annualized payout to $1.96 per share. At a share price of $46.34, the stock offers a dividend yield of approximately 4.2%. The ex-dividend date is October 13, 2026.
Bank OZK has now raised its dividend four times in 2026, resulting in a cumulative increase of 8.9% for the year. This compares with annual dividend growth of 9.8% in 2025, 10.8% in 2024 and 12.1% in 2023.
The bank's dividend growth rate has gradually moderated from the 13.8% increase recorded in 2022. Nevertheless, the latest announcement extends Bank OZK's dividend growth streak to 28 consecutive years.
Bank OZK shares have gained 3.7% year-to-date, with the stock trading at $46.34 and the company's market capitalization standing at approximately $5.1 billion.
Bank OZK is a regional bank headquartered in Little Rock, Arkansas, providing commercial and consumer banking services, including commercial real estate lending, through its banking operations across the United States.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.