Bank OZK (NASDAQ:OZKAP – Get Free Report)’s stock price rose 0.3% on Wednesday . The stock traded as high as $16.40 and last traded at $16.36. Approximately 10,802 shares changed hands during trading, a decline of 61% from the average daily volume of 27,490 shares. The stock had previously closed at $16.31.
Bank OZK Stock Performance
The firm has a fifty day moving average price of $16.45 and a two-hundred day moving average price of $16.54.
Bank OZK Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $0.2891 per share. The ex-dividend date was Friday, May 1st. This represents a $1.16 annualized dividend and a dividend yield of 7.1%.
About Bank OZK
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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