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Bank of the Ozarks, Inc. Message Board

  • ngari ngari Jul 17, 2003 3:41 PM Flag

    Dividend increased to 0.12/share/Q

    LITTLE ROCK, Ark.--(BUSINESS WIRE)--July 15, 2003--Please replace BW5856 (AR-BANK-OF-THE-OZARKS) increases quarterly dividend, with the following revised release.
    The corrected release reads:

    Bank of the Ozarks, Inc. Increases Quarterly Dividend

    Bank of the Ozarks, Inc. (NASDAQ: OZRK - News) announced its Board of Directors has approved its regular quarterly cash dividend and increased the dividend from $0.11 to $0.12 per common share. This dividend is payable August 8, 2003, to shareholders of record on August 1, 2003.

    In commenting on the increased dividend, company Chairman and Chief Executive Officer George Gleason stated, "We have now achieved record net income and earnings per share in ten consecutive quarters. This earnings growth has enabled us to increase our quarterly dividend six times in ten quarters."

    Bank of the Ozarks, Inc. is a bank holding company with $1.2 billion in total assets as of June 30, 2003 and trades on the NASDAQ National Market under the symbol "OZRK." The Company owns a state-chartered subsidiary bank that conducts operations through 38 banking offices in 24 communities throughout northern, western and central Arkansas and loan production offices in Mountain Home, Arkansas, Charlotte, North Carolina and Frisco, Texas. The Company may be contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, AR 72231. The Company's website is www.bankozarks.com.



    --------------------------------------------------------------------------------
    Contact:
    Bank of the Ozarks Inc., Little Rock
    Randy Oates, 501-978-2226


    http://biz.yahoo.com/bw/030715/155898_1.html

 
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