Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Announces Quarterly Dividend of $0.21

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.21 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 15th.

Hawthorn Bancshares has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 5 years.

Hawthorn Bancshares Trading Down 0.5%

NASDAQ:HWBK opened at $38.70 on Thursday. The company has a market capitalization of $267.03 million, a PE ratio of 10.63 and a beta of 0.44. Hawthorn Bancshares has a 52-week low of $28.10 and a 52-week high of $40.36. The stock’s 50 day moving average price is $37.77 and its 200 day moving average price is $35.33. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.82.

Hawthorn Bancshares (NASDAQ:HWBK) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.06 earnings per share for the quarter. The company had revenue of $17.54 million during the quarter. Hawthorn Bancshares had a return on equity of 15.01% and a net margin of 22.14%.

Institutional Investors Weigh In On Hawthorn Bancshares

Several hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its stake in Hawthorn Bancshares by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 158,332 shares of the financial services provider’s stock valued at $5,335,000 after buying an additional 2,419 shares during the period. Geode Capital Management LLC lifted its stake in shares of Hawthorn Bancshares by 101.3% in the 2nd quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock worth $4,191,000 after acquiring an additional 72,343 shares during the period. State Street Corp boosted its holdings in shares of Hawthorn Bancshares by 6.6% in the fourth quarter. State Street Corp now owns 78,650 shares of the financial services provider’s stock valued at $2,758,000 after acquiring an additional 4,871 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Hawthorn Bancshares by 2.8% in the third quarter. Bridgeway Capital Management LLC now owns 75,686 shares of the financial services provider’s stock valued at $2,349,000 after acquiring an additional 2,082 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Hawthorn Bancshares by 44.9% during the fourth 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 period. 30.73% of the stock is owned by institutional investors and hedge funds.

Hawthorn Bancshares Company Profile

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.