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

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced a quarterly dividend on Wednesday, January 22nd,RTT News reports. Shareholders of record on Saturday, March 15th will be paid a dividend of 0.19 per share by the financial services provider on Tuesday, April 1st. This represents a $0.76 annualized dividend and a dividend yield of 2.40%.

Hawthorn Bancshares has increased its dividend by an average of 23.5% annually over the last three years.

Hawthorn Bancshares Price Performance

HWBK stock traded up $0.36 on Wednesday, reaching $31.65. The company had a trading volume of 4,973 shares, compared to its average volume of 8,294. The company’s fifty day moving average is $30.49 and its 200 day moving average is $25.89. The company has a market cap of $221.23 million, a P/E ratio of 35.17 and a beta of 0.58. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.01 and a current ratio of 1.01. Hawthorn Bancshares has a 1 year low of $17.86 and a 1 year high of $34.00.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.66 EPS for the quarter. Hawthorn Bancshares had a return on equity of 4.46% and a net margin of 5.67%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th.

Insider Activity at Hawthorn Bancshares

In other news, Director Frank E. Burkhead sold 3,000 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total transaction of $95,610.00. Following the completion of the transaction, the director now directly owns 11,477 shares in the company, valued at approximately $365,771.99. This represents a 20.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan Holtaway sold 5,053 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total transaction of $144,364.21. Following the sale, the director now directly owns 402,460 shares of the company’s stock, valued at $11,498,282.20. The trade was a 1.24 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,457 shares of company stock worth $285,175. 23.40% of the stock is currently owned by company insiders.

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.