Hawthorn Bancshares, Inc. (HWBK) to Issue Quarterly Dividend of $0.19 on July 1st

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced a quarterly dividend on Wednesday, April 24th, Wall Street Journal reports. Investors of record on Saturday, June 15th will be paid a dividend of 0.19 per share by the financial services provider on Monday, July 1st. This represents a $0.76 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date of this dividend is Friday, June 14th. This is a positive change from Hawthorn Bancshares’s previous quarterly dividend of $0.17.

Hawthorn Bancshares has raised its dividend payment by an average of 16.0% annually over the last three years and has raised its dividend annually for the last 8 consecutive years.

Hawthorn Bancshares Price Performance

NASDAQ HWBK opened at $18.89 on Friday. Hawthorn Bancshares has a 12-month low of $15.02 and a 12-month high of $26.00. The firm’s 50 day moving average is $20.70 and its 200-day moving average is $21.41. The company has a market capitalization of $132.61 million, a PE ratio of 62.97 and a beta of 0.46. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.15.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Tuesday, January 30th. The financial services provider reported ($1.05) EPS for the quarter. The business had revenue of $18.00 million for the quarter. Hawthorn Bancshares had a return on equity of 1.69% and a net margin of 2.09%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday.

Insider Transactions at Hawthorn Bancshares

In other Hawthorn Bancshares news, Director Jonathan Holtaway purchased 5,500 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was acquired at an average price of $19.12 per share, with a total value of $105,160.00. Following the acquisition, the director now directly owns 15,500 shares of the company’s stock, valued at approximately $296,360. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Hawthorn Bancshares news, Director Douglas Todd Eden acquired 7,000 shares of the company’s stock in a transaction on Friday, February 16th. The stock was acquired at an average price of $22.32 per share, for a total transaction of $156,240.00. Following the purchase, the director now directly owns 80,000 shares of the company’s stock, valued at $1,785,600. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jonathan Holtaway bought 5,500 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were acquired at an average price of $19.12 per share, for a total transaction of $105,160.00. Following the transaction, the director now owns 15,500 shares in the company, valued at $296,360. The disclosure for this purchase can be found here. In the last three months, insiders acquired 20,400 shares of company stock worth $426,846. 12.60% of the stock is owned by company insiders.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.