By Denny Jacob
Bank OZK increased its quarterly cash dividend 2.7% to 38 cents a share from 37 cents.
The new payout, equal to $1.52 a year, represents an annual yield of 3.1% based on Tuesday’s closing price of $49.75.
The regional bank said the dividend is payable on Jan. 23 to shareholders of record as of Jan. 16.
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