Bank OZK (NASDAQ:OZKAP – Get Free Report) shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $16.38 and last traded at $16.36. 23,978 shares were traded during trading, a decline of 9% from the average session volume of 26,361 shares. The stock had previously closed at $16.29.
Bank OZK Stock Performance
The firm’s 50 day moving average is $16.44 and its 200-day moving average is $16.51.
Bank OZK Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $0.2891 dividend. This represents a $1.16 annualized dividend and a yield of 7.1%. The ex-dividend date was Friday, May 1st.
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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