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

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) declared a quarterly dividend on Wednesday, January 22nd,RTT News reports. Investors 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 dividend on an annualized basis and a yield of 2.40%.

Hawthorn Bancshares has raised its dividend by an average of 23.5% per year over the last three years.

Hawthorn Bancshares Stock Up 1.0 %

Hawthorn Bancshares stock opened at $31.61 on Thursday. The company’s 50-day moving average price is $30.56 and its two-hundred day moving average price is $25.93. The stock has a market cap of $220.95 million, a price-to-earnings ratio of 35.12 and a beta of 0.58. Hawthorn Bancshares has a 52 week low of $17.86 and a 52 week high of $34.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00.

Hawthorn Bancshares (NASDAQ:HWBK) last announced its earnings results 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%.

Insider Transactions at Hawthorn Bancshares

In other news, Director Frank E. Burkhead sold 3,000 shares of the firm’s stock in a transaction 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 sale, the director now directly owns 11,477 shares of the company’s stock, valued at $365,771.99. This trade represents a 20.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jonathan Holtaway sold 1,015 shares of the business’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $32.25, for a total value of $32,733.75. Following the sale, the director now directly owns 390,004 shares in the company, valued at $12,577,629. This trade represents a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,457 shares of company stock valued at $285,175 in the last quarter. Insiders own 23.40% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research note on Thursday.

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.