Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Announces Dividend Increase – $0.21 Per Share

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced a quarterly dividend on Wednesday, January 28th. Investors of record on Sunday, March 15th will be given a dividend of 0.21 per share by the financial services provider on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, March 13th. This is a 5.0% increase from Hawthorn Bancshares’s previous quarterly dividend of $0.20.

Hawthorn Bancshares has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 5 years.

Hawthorn Bancshares Price Performance

HWBK stock traded up $0.48 during trading on Thursday, hitting $33.04. 2,739 shares of the company’s stock traded hands, compared to its average volume of 6,471. The business has a fifty day simple moving average of $33.39 and a 200 day simple moving average of $31.53. Hawthorn Bancshares has a 52 week low of $25.21 and a 52 week high of $36.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $228.00 million, a price-to-earnings ratio of 10.34 and a beta of 0.53.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $0.90 EPS for the quarter. The firm had revenue of $17.59 million during the quarter. Hawthorn Bancshares had a net margin of 20.09% and a return on equity of 14.22%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Hawthorn Bancshares from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Hawthorn Bancshares in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.

The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.