Bank of the Ozarks Inc. (OZRK) Plans Quarterly Dividend of $0.22
Bank of the Ozarks (NASDAQ:OZRK) announced a quarterly dividend on Thursday, January 2nd, AnalystRatings.Net reports. Investors of record on Friday, January 17th will be paid a dividend of 0.22 per share on Friday, January 24th. This represents a $0.88 annualized dividend and a dividend yield of 1.56%.
A number of research firms have recently commented on OZRK. Analysts at Wunderlich raised their price target on shares of Bank of the Ozarks from $48.00 to $55.00 in a research note to investors on Wednesday, December 4th. They now have a “hold” rating on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Bank of the Ozarks from $45.00 to $48.00 in a research note to investors on Monday, October 14th. They now have a “market perform” rating on the stock. Four analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average price target of $50.50.
Shares of Bank of the Ozarks (NASDAQ:OZRK) traded down 0.48% on Thursday, hitting $56.32. The stock had a trading volume of 163,522 shares. Bank of the Ozarks has a 1-year low of $32.60 and a 1-year high of $58.09. The stock’s 50-day moving average is $54.45 and its 200-day moving average is $48.97. The company has a market cap of $2.067 billion and a P/E ratio of 24.29.
Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (NASDAQ:OZRK).
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