Hawkins, Inc. to Issue Quarterly Dividend of $0.18 (NASDAQ:HWKN)

Hawkins, Inc. (NASDAQ:HWKN) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.18 per share by the specialty chemicals company on Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 0.62%.

Hawkins has raised its dividend by an average of 10.4% annually over the last three years.

Hawkins Stock Performance

Hawkins stock opened at $116.11 on Thursday. Hawkins has a 52 week low of $54.44 and a 52 week high of $139.55. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.43 billion, a P/E ratio of 29.70, a price-to-earnings-growth ratio of 4.09 and a beta of 0.84. The stock has a 50 day moving average of $124.09 and a 200-day moving average of $121.07.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05). Hawkins had a net margin of 8.74% and a return on equity of 19.64%. On average, analysts expect that Hawkins will post 4.12 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, BWS Financial reiterated a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a research note 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.