Hawthorn Bancshares, Inc. Plans Quarterly Dividend of $0.19 (NASDAQ:HWBK)

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) declared a quarterly dividend on Tuesday, July 30th, Zacks reports. Investors of record on Sunday, September 15th will be given a dividend of 0.19 per share by the financial services provider on Tuesday, October 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Friday, September 13th.

Hawthorn Bancshares has raised its dividend payment by an average of 16.0% annually over the last three years and has raised its dividend annually for the last 4 consecutive years.

Hawthorn Bancshares Trading Up 2.7 %

Shares of HWBK opened at $22.00 on Thursday. Hawthorn Bancshares has a 1-year low of $15.02 and a 1-year high of $26.00. The company has a 50-day moving average of $20.04 and a 200 day moving average of $20.91. The firm has a market capitalization of $154 million, a price-to-earnings ratio of 73.33 and a beta of 0.56. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 1.01.

Insider Activity

In other Hawthorn Bancshares news, Director Douglas Todd Eden acquired 15,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were acquired at an average cost of $19.63 per share, with a total value of $294,450.00. Following the acquisition, the director now directly owns 76,826 shares of the company’s stock, valued at $1,508,094.38. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have acquired 17,000 shares of company stock valued at $333,810 in the last ninety days. Insiders own 23.40% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Tuesday.

About Hawthorn Bancshares

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.