Hawthorn Bancshares Announces Cash Dividend

Rhea-AI Summary

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced a quarterly cash dividend of $0.17 per common share, payable on April 1, 2023, to shareholders of record by the close of business on March 15, 2023. The company operates Hawthorn Bank with locations across various Missouri communities, including Jefferson City, St. Louis, and Springfield. The Board of Directors' approval of this dividend reflects the company's commitment to returning value to shareholders. However, investors should be mindful of potential risks associated with forward-looking statements that may impact actual results compared to projections.

Positive

• Board approved quarterly cash dividend of $0.17 per share.
• Dividend payable on April 1, 2023, indicating a commitment to returning value to shareholders.

Negative

• Risks associated with forward-looking statements may affect actual results.

JEFFERSON CITY, Mo., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.17 per common share, payable April 1, 2023 to shareholders of record at the close of business on March 15, 2023.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc., a financial-bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank of Jefferson City, Missouri with additional locations in the Missouri communities of Lee's Summit, Liberty, St. Louis, Springfield, Independence, Columbia, Clinton, Osceola, Warsaw, Belton, Drexel, Harrisonville, California and St. Robert, Missouri.

Statements made in this press release that suggest Hawthorn Bancshares' or management's intentions, hopes, beliefs, expectations, or predictions of the future include "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in such forward-looking statements is contained from time to time in the Company's quarterly and annual reports filed with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this communication, and the Company disclaims any obligation to update any forward-looking statement or to publicly announce the results of any revisions to any of the forward-looking statements included herein, except as required by law.

FAQ

What is the dividend amount for HWBK in 2023?

The dividend amount is $0.17 per common share.

When is the dividend payable for HWBK?

The dividend is payable on April 1, 2023.

What is the record date for the HWBK dividend?

The record date is March 15, 2023.

How often does HWBK pay dividends?

Hawthorn Bancshares typically pays dividends quarterly.

What are the risks associated with HWBK's forward-looking statements?

Actual results could differ materially from projections due to various factors.