Bank OZK (NASDAQ:OZKAP) Shares Down 1% – Time to Sell?

Bank OZK (NASDAQ:OZKAPGet Free Report)’s stock price dropped 1% during trading on Monday . The stock traded as low as $16.37 and last traded at $16.46. Approximately 31,857 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 29,099 shares. The stock had previously closed at $16.63.

Bank OZK Price Performance

The firm’s 50-day moving average price is $16.68 and its two-hundred day moving average price is $16.87.

Bank OZK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were paid a $0.2891 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $1.16 dividend on an annualized basis and a yield of 7.0%.

Bank OZK Company Profile

(Get Free Report)

Bank OZK, formerly Bank of the Ozarks until its rebranding in 2018, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank has expanded through both organic growth and strategic acquisitions to serve clients across the Southeast, Southwest and select Northern markets. Its operations include a network of branches and loan production offices in states such as Arkansas, Alabama, Florida, Georgia, North Carolina, New York, Texas and California.

The bank’s core business centers on specialty lending, with a particular focus on commercial real estate financing.

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