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

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Sunday, December 15th will be paid a dividend of 0.19 per share by the financial services provider on Wednesday, January 1st. This represents a $0.76 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date is Friday, December 13th.

Hawthorn Bancshares has raised its dividend payment by an average of 16.0% per year over the last three years.

Hawthorn Bancshares Price Performance

Shares of NASDAQ:HWBK traded up $0.34 during trading on Friday, reaching $28.44. The company had a trading volume of 12,717 shares, compared to its average volume of 14,931. The company has a fifty day moving average of $24.09 and a two-hundred day moving average of $21.50. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $198.80 million, a P/E ratio of 31.60 and a beta of 0.55. Hawthorn Bancshares has a 12 month low of $16.69 and a 12 month high of $29.66.

Hawthorn Bancshares (NASDAQ:HWBK) last released its earnings results on Tuesday, July 30th. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 4.54% and a net margin of 5.67%. The business had revenue of $18.17 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Hawthorn Bancshares in a research note on Sunday, October 27th. They issued a “buy” rating for the company.

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.