Bank OZK Raises Quarterly Dividend 2.33% for 60th Consecutive Quarter

Bank OZK has declared a 2.33% increase in its quarterly cash dividend to $0.44 per share, marking its 60th consecutive quarterly dividend increase, and reinforcing its membership in the S&P High Yield Dividend Aristocrats index. The dividend is payable on July 18, 2025, to shareholders of record as of July 11, 2025. Despite a slight decline in net income in Q1 2025, the bank maintains a strong financial position with a low payout ratio of 26.4%, total assets of $39.2 billion, and operations across nine states. Valuation metrics such as a Price-to-Book ratio under 1.0 and a Price-to-Earnings ratio significantly below the market average suggest the stock may be undervalued, although concerns remain about exposure to commercial real estate risks. Bank OZK also declared a dividend on its Series A Non-Cumulative Perpetual Preferred Stock, payable in August 2025. Analysts have noted solid earnings per share and revenue growth, but some have adjusted price targets due to macroeconomic uncertainties.