Bank of the Ozarks Declares Increased Dividend

Little Rock's Bank of the Ozarks Inc. on Monday announced a quarterly cash dividend of 10 cents per share. The dividend, payable to shareholders of record as of Oct. 14, represents a 5.26 percent increase on a split-adjusted basis from the period ending June 30.

The company completed a two-for-one stock split on Aug. 16.

The dividend boost marks an increase in quarterly dividend in seven of the last eight quarters.

Bank of the Ozarks reported total assets of more than $4 billion as of June 30.