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. Stockholders of record on Friday, February 14th will be paid 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 0.62%.

Hawkins has increased its dividend payment by an average of 10.4% per year over the last three years.

Hawkins Price Performance

HWKN traded down $0.29 during midday trading on Wednesday, reaching $116.11. 162,246 shares of the company’s stock were exchanged, compared to its average volume of 145,578. Hawkins has a one year low of $54.44 and a one year high of $139.55. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 29.70, a price-to-earnings-growth ratio of 4.09 and a beta of 0.84. The business has a 50-day simple moving average of $124.32 and a two-hundred day simple moving average of $121.10. The company has a quick ratio of 1.39, a current ratio of 2.27 and a debt-to-equity ratio of 0.21.

Hawkins (NASDAQ:HWKN) last posted its earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a return on equity of 19.64% and a net margin of 8.74%. As a group, research analysts predict that Hawkins will post 4.12 EPS for the current year.

Analyst Ratings Changes

Separately, BWS Financial reissued a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a report on Thursday, October 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.