The 7.3% Dividend Of The Preferred Stock Of Bank OZK Is Highly Attractive

Aristofanis Papadatos8.88K FollowersFollow5ShareSavePlay(13min)CommentsSummaryBank OZK preferred stock offers a 7.3% yield with a wide margin of safety, even amid recent market volatility.OZK's common dividend has a 28-year growth streak and a conservative 29% payout ratio, supporting preferred dividend security.Short-term risks stem from Middle East conflict-driven inflation, but a prolonged crisis is unlikely given geopolitical pressures.OZKAP trades at a 36% discount to par, providing potential capital gains if interest rates decline or the issue is called post-2026. Bank OZK Almost three years ago, I strongly recommended buying the preferred stock of Bank OZK (OZKAP) for its 7.8% dividend yield back then and the wide margin of safety of the dividend. I also expected some upside, given myThis article was written byAristofanis Papadatos8.88K FollowersFollowI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind".I am also the author of 2 other mathematics books ("Arithmetic calculations without a calculator" and "Word Problems") and perform almost all the calculations in my mind, without a calculator, making it easier to make immediate investing decisions among many alternatives. I invest applying fundamental and technical analysis and mainly use options as a tool for both investing and trading. I achieved my goal of financial independence at the age of 45. In my spare time, I follow Warren Buffett's principle: "Some men read playboy. I read financial statements".Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.