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

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced a quarterly dividend on Wednesday, January 28th. Stockholders of record on Sunday, March 15th will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend 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%annually over the last three years and has raised its dividend every year for the last 5 years.

Hawthorn Bancshares Stock Up 1.5%

Hawthorn Bancshares stock traded up $0.49 during midday trading on Thursday, hitting $33.05. 1,307 shares of the company were exchanged, compared to its average volume of 6,378. The company’s fifty day moving average price is $33.39 and its 200-day moving average price is $31.53. The company has a market cap of $228.05 million, a PE ratio of 10.36 and a beta of 0.53. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.06 and a quick ratio of 1.06. Hawthorn Bancshares has a fifty-two week low of $25.21 and a fifty-two week high of $36.49.

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

About Hawthorn Bancshares

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.