Hawkins, Inc. Declares Quarterly Dividend of $0.18 (NASDAQ:HWKN)

Hawkins, Inc. (NASDAQ:HWKN) declared a quarterly dividend on Wednesday, January 29th,RTT News reports. Investors of record on Friday, February 14th will be given a dividend of 0.18 per share by the specialty chemicals company on Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Friday, February 14th.

Hawkins has raised its dividend by an average of 10.4% annually over the last three years.

Hawkins Stock Performance

Hawkins stock opened at $112.19 on Wednesday. Hawkins has a 1-year low of $63.23 and a 1-year high of $139.55. The company’s 50-day moving average is $120.13 and its 200 day moving average is $121.57. The firm has a market capitalization of $2.35 billion, a P/E ratio of 28.62, a price-to-earnings-growth ratio of 3.96 and a beta of 0.82. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53.

Hawkins (NASDAQ:HWKN) last issued its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Hawkins had a return on equity of 18.95% and a net margin of 8.60%. Research analysts forecast that Hawkins will post 4.14 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, BWS Financial reissued a “neutral” rating and set a $122.00 target price on shares of Hawkins in a research note on Friday, January 31st.

Hawkins Company Profile

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.