Bank OZK's Preferred Stock Shares Cross 6% Yield Mark
October 23, 2024 at 14:15 PM EDT
In trading on Wednesday, shares of Bank OZK's 4.625% A Non-Cumulative Perpetual Preferred Stock (OZKAP) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.1562), with shares changing hands as low as $19.13 on the day. This compares to an average yield of 6.45% in the "Financial" preferred stock category, according to Preferred Stock Channel..
