Hawthorn Bancshares Announces Cash Dividend

Rhea-AI Summary

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) has announced a quarterly cash dividend of $0.17 per common share. This dividend will be payable on October 1, 2022 to shareholders who are on record as of the close of business on September 15, 2022. Headquartered in Jefferson City, Missouri, Hawthorn Bancshares operates multiple branches across the state, providing various banking services.

Positive

• Quarterly cash dividend of $0.17 per share announced.
• Dividend payment reflects the company's confidence in cash flows and shareholder returns.

Negative

• None.

JEFFERSON CITY, Mo., July 27, 2022 (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 October 1, 2022 to shareholders of record at the close of business on September 15, 2022.

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?

Hawthorn Bancshares announced a dividend amount of $0.17 per common share.

When will the dividend for HWBK be paid?

The dividend will be paid on October 1, 2022.

What is the record date for HWBK's dividend?

The record date for the dividend is September 15, 2022.

How often does HWBK pay dividends?

Hawthorn Bancshares typically pays dividends quarterly.

Is the dividend for HWBK sustainable?

The sustainability of the dividend will depend on the company's future financial performance.