OZKAP
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Bank Ozk Preferred Series A
16.16
+0.01 (+0.06%)
Last Update: 01 Jul 2025 23:19:00
Yesterday: 16.15
Day's Range: 16.15 - 16.43
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When Written:
15.94
Bank Ozk Preferred Series A refers to the preferred stock issued by Bank Ozk, a regional bank based in Little Rock, Arkansas. The preferred stock is listed on the NASDAQ stock exchange under the ticker symbol OZKLP.
The Bank Ozk Preferred Series A stock has a par value of $25 per share and pays a fixed quarterly dividend of $0.40625 per share. The dividend rate is fixed until 2024, after which it may be reset based on prevailing market conditions. The stock has no maturity date and is perpetual in nature.
The Bank Ozk Preferred Series A stock is considered a hybrid security, combining elements of both equity and debt. It is classified as Tier 1 capital, which means it counts towards the bank's regulatory capital requirements.
Investors who hold Bank Ozk Preferred Series A stock have priority over common stockholders in receiving dividends and in the event of liquidation or bankruptcy. However, the stock is subordinate to the bank's debt obligations and may be subject to redemption or call by the bank at its discretion.
Overall, Bank Ozk Preferred Series A stock may be suitable for income-oriented investors seeking a relatively stable source of dividend income with some degree of downside protection. However, investors should carefully consider the risks and benefits of investing in preferred stock, including interest rate risk, credit risk, and liquidity risk.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The Bank Ozk Preferred Series A stock has a par value of $25 per share and pays a fixed quarterly dividend of $0.40625 per share. The dividend rate is fixed until 2024, after which it may be reset based on prevailing market conditions. The stock has no maturity date and is perpetual in nature.
The Bank Ozk Preferred Series A stock is considered a hybrid security, combining elements of both equity and debt. It is classified as Tier 1 capital, which means it counts towards the bank's regulatory capital requirements.
Investors who hold Bank Ozk Preferred Series A stock have priority over common stockholders in receiving dividends and in the event of liquidation or bankruptcy. However, the stock is subordinate to the bank's debt obligations and may be subject to redemption or call by the bank at its discretion.
Overall, Bank Ozk Preferred Series A stock may be suitable for income-oriented investors seeking a relatively stable source of dividend income with some degree of downside protection. However, investors should carefully consider the risks and benefits of investing in preferred stock, including interest rate risk, credit risk, and liquidity risk.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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