15 Best Stocks To Invest In For Retirement

10. Bank OZK (NASDAQ:OZK)

Dividend Yield as of February 19: 3.27%

Number of Hedge Fund Holders: 37

Established in 1903 and headquartered in Little Rock, Arkansas, Bank OZK (NASDAQ:OZK) is an American bank offering a range of retail and commercial banking services. It offers checking and savings accounts, wealth management services, and loans for real estate, small businesses, and commercial financing. Bank OZK (NASDAQ:OZK) is one of the best stocks to invest in, with a dividend yield of 3.27% as of February 19.

Bank OZK (NASDAQ:OZK) concluded another strong quarter, posting a record $178.1 million in net income for Q4 2024, a 4.1% increase from last year and its ninth consecutive quarterly record. For the full year, net income hit $700.3 million, up 3.8% from 2023. Earnings per share also increased, reaching $1.56 for the quarter and $6.14 for the year. OZK continued its streak of dividend increases, raising its quarterly payout to $0.42 per share. The dividend was paid on January 21, 2025. With 58 straight quarters of dividend growth, Bank OZK (NASDAQ:OZK) remains a favorite stock of retirees.

Among the hedge funds in Insider Monkey’s fourth quarter database, Bank OZK (NASDAQ:OZK) was part of 37 stock portfolios, up from 27 in the third quarter. Cliff Asness’ AQR Capital Management was the biggest stakeholder of the company, with 2.8 million shares worth $125 million.