Bank OZK Offers a 4.3% Yield and Frequent Raises. What’s the Catch?
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The post Bank OZK Offers a 4.3% Yield and Frequent Raises. What’s the Catch? appeared first on 24/7 Wall St..
Bank OZK (NASDAQ:OZK) declared a quarterly dividend of $0.49 per share on October 1, up from $0.48. This equals $1.96 a year and a forward yield of 4.31%. The raise came to about 2.1%. Small increases are the whole method here: OZK adds about a penny every quarter.
A Higher Check Every Quarter Since 2019
The dividend record shows a larger payment each quarter, rising from $0.22 in
Bank OZK (NASDAQ:OZK) declared a quarterly dividend of $0.49 per share on October 1, up from $0.48. This equals $1.96 a year and a forward yield of 4.31%. The raise came to about 2.1%. Small increases are the whole method here: OZK adds about a penny every quarter.
A Higher Check Every Quarter Since 2019
The dividend record shows a larger payment each quarter, rising from $0.22 in
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