OZK - Bank OZK: The 6.4% Preferred Shares Are Now Too Cheap To Ignore

• Bank OZK is an Arkansas-based bank with an excellent history of below-average loan losses.
• The bank's share price has lost about 25% since January, making the stock increasingly appealing.
• However, I am focusing on the preferred shares whose share price has been sliding by the same percentage.
• This boosted the (non-cumulative) preferred dividend yield to 6.4% and I like the risk/reward ratio here.

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