Wednesday, October 1st the Board of Directors of Bank OZK (OZK) announced a quarterly dividend increase of from $0.44 to $0.45 per share, that’s payable October 21, 2025 to holders of record October 14, 2025. This represents a 2.27% increase over the last quarterly dividend.
This is a 9.75% increase over the dividend paid during the same time last year, Bank OZK raise dividends every quarter and have raised quarterly dividends for 61 quarters in a row.
At the current price of $51.66 (yesterday's close), this increase will raise OZK's dividend yield to 3.48%.
Bank OZK is a Dividend Champions with a 29 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 fourth 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 0.68%.
Following this increase, my yield on cost is 4.47%.
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
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