Hawthorn Bancshares, Inc. (HWBK) to Issue Quarterly Dividend of $0.21 on April 1st

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) declared 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) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date 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%per year over the last three years and has raised its dividend annually for the last 5 consecutive years.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $32.65 on Wednesday. Hawthorn Bancshares has a fifty-two week low of $25.21 and a fifty-two week high of $36.49. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.02 and a current ratio of 1.03. The company has a fifty day moving average of $33.72 and a two-hundred day moving average of $32.59. The stock has a market capitalization of $225.35 million, a PE ratio of 9.52 and a beta of 0.50.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $0.90 earnings per share for the quarter. Hawthorn Bancshares had a net margin of 21.26% and a return on equity of 14.66%. The firm had revenue of $21.18 million for the quarter.

Institutional Trading of Hawthorn Bancshares

Large investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV increased its stake in shares of Hawthorn Bancshares by 44.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 32,430 shares of the financial services provider’s stock worth $1,131,000 after acquiring an additional 10,055 shares during the last quarter. Eagle Bluffs Wealth Management LLC grew its holdings in shares of Hawthorn Bancshares by 3.8% in the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 13,747 shares of the financial services provider’s stock valued at $482,000 after purchasing an additional 497 shares during the period. Barclays PLC increased its position in Hawthorn Bancshares by 23.8% during the fourth quarter. Barclays PLC now owns 10,789 shares of the financial services provider’s stock worth $376,000 after purchasing an additional 2,073 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Hawthorn Bancshares during the fourth quarter worth about $50,000. Finally, State Street Corp raised its stake in Hawthorn Bancshares by 6.6% during the fourth quarter. State Street Corp now owns 78,650 shares of the financial services provider’s stock worth $2,758,000 after purchasing an additional 4,871 shares during the period. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

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.