Hawthorn Bancshares, Inc. Plans Quarterly Dividend of $0.19 (NASDAQ:HWBK)

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) declared a quarterly dividend on Wednesday, January 22nd,RTT News reports. Shareholders of record on Saturday, March 15th will be paid a dividend of 0.19 per share by the financial services provider on Tuesday, April 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend is Friday, March 14th.

Hawthorn Bancshares has increased its dividend by an average of 23.5% per year over the last three years.

Hawthorn Bancshares Price Performance

HWBK opened at $32.19 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $225.01 million, a P/E ratio of 35.77 and a beta of 0.58. The company’s 50 day simple moving average is $30.64 and its 200-day simple moving average is $25.97. Hawthorn Bancshares has a one year low of $17.86 and a one year high of $34.00.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 4.46% and a net margin of 5.67%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research note on Thursday.

Insider Activity

In related news, Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the sale, the director now directly owns 11,477 shares in the company, valued at $365,771.99. This trade represents a 20.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan Holtaway sold 5,053 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $28.57, for a total transaction of $144,364.21. Following the completion of the sale, the director now directly owns 402,460 shares in the company, valued at $11,498,282.20. This represents a 1.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,457 shares of company stock valued at $285,175 in the last quarter. Company insiders own 23.40% of the company’s stock.

Hawthorn Bancshares Company Profile

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.