LITTLE ROCK, Ark.--(BUSINESS WIRE)--Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.175 per common share payable April 21, 2017 to shareholders of record as of April 14, 2017. The dividend of $0.175 per common share represents an increase of $0.005 per common share, or 2.94%, over the dividend paid in the previous quarter. The Company has increased its quarterly cash dividend in each of the last twenty-seven quarters.
Bank of the Ozarks, Inc. is a bank holding company which had $18.89 billion in total assets as of December 31, 2016. The Company owns a state-chartered subsidiary bank that conducts banking operations through 249 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, California and New York. The Company may be contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811. The Company can be found at www.bankozarks.com and on Facebook, Twitter and LinkedIn.