Wednesday, July 2, 2025

Dividend Increase - Bank OZK (OZK)




Tuesday, July 1st the Board of Directors of Bank OZK (OZK) announced a quarterly dividend increase of from $0.43 to $0.44 per share, that’s payable July 18, 2025 to holders of record July 11, 2025. This represents a 2.33% increase over the last quarterly dividend.


This is a 10.0% increase over the dividend paid during the same time last year, Bank OZK raise dividends every quarter and have raised quarterly dividends for 60 quarters in a row.


At the current price of $49.35 (today's open), this increase will raise OZK's dividend yield to 3.57%.



Bank OZK is a Dividend Champions with a 2 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 11.3, 11.7, 10.9 and 12.9 (Dividend Champions.xls)




As an owner of 140 shares of Bank OZK, the recent dividend increase adds $4.17 to my projected annual net dividend income.


The increase was in line with my expectations and I am happy to accept it.


This is the third dividend increase I received from Bank OZK since initiating a position September 2024.


The moment of writing, OZK’s weight of my portfolio is about 0.82% and its share of future annual dividend income is approximately 0.70%.


Following this increase, my yield on cost is 4.37%.



Summary of 2025 Dividend Increases / Cuts



Click here to see my portfolio holdings.


You can follow the development of my dividends here.


Full Disclosure: Long OZK


Thanks for stopping by!


1 comment:

  1. Great news for us investors! Just a heads up, i think you forgot a number where you wrote that they are a dividend champion with "2" years of increases.

    Cheers.

    ReplyDelete