Hawthorn Bancshares, Inc. (NASDAQ:HWBK) to Issue $0.19 Quarterly Dividend

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced 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 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Friday, March 14th.

Hawthorn Bancshares has raised its dividend by an average of 23.5% annually over the last three years.

Hawthorn Bancshares Trading Down 0.8 %

Shares of HWBK stock opened at $25.90 on Wednesday. The firm has a market cap of $180.96 million, a P/E ratio of 9.92 and a beta of 0.60. The business has a 50-day moving average price of $31.44 and a two-hundred day moving average price of $28.53. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 12-month low of $17.86 and a 12-month high of $35.95.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Insiders Place Their Bets

In related news, Director Jonathan Holtaway sold 2,682 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $32.91, for a total transaction of $88,264.62. Following the transaction, the director now owns 366,598 shares in the company, valued at $12,064,740.18. The trade was a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 23.40% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Friday, January 31st.

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.