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Hawthorn Bancshares Announces Cash Dividend

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Rhea-AI Summary
Hawthorn Bancshares, Inc. (HWBK) has approved a quarterly cash dividend of $0.17 per common share, payable on April 1, 2024, to shareholders of record on March 15, 2024.
Positive
  • Approval of a quarterly cash dividend indicates the company's financial stability and commitment to returning value to shareholders.
Negative
  • None.

Insights

The announcement of Hawthorn Bancshares, Inc.'s quarterly cash dividend of $0.17 per common share is a significant indicator of the company's current financial health and its commitment to shareholder returns. Dividend decisions are often reflective of a company's profitability and cash flow stability. In this context, the declared dividend suggests a positive cash flow and a management confident in its ability to generate earnings. However, it is crucial to analyze the dividend yield, payout ratio and historical dividend patterns to assess the sustainability of such distributions.

Investors typically view regular dividends as a sign of a company's reliability, which could influence stock demand and potentially its price. The dividend yield, calculated by dividing the annual dividends per share by the stock's price per share, provides an insight into the return on investment for shareholders. Comparing this yield with industry averages and fixed-income alternatives can highlight the attractiveness of the stock to income-focused investors.

From a market perspective, the timing and consistency of dividend payments can signal management's confidence in the business's future prospects. Regular dividends can increase a stock's appeal to a certain segment of investors, such as those seeking steady income streams, which can impact the stock's market performance. It is also important to examine the company's dividend policy in relation to its peers, as well as the overall market conditions, to determine if the dividend payment is in line with current trends and investor expectations.

Moreover, the market's reaction to the dividend announcement can serve as a barometer for investor sentiment towards the company. A positive reaction might indicate approval of the company's financial strategies and its ability to maintain a stable dividend, whereas a negative reaction could reflect concerns over future earnings and cash flow sufficiency to support ongoing dividend payments.

JEFFERSON CITY, Mo., Jan. 30, 2024 (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, 2024 to shareholders of record at the close of business on March 15, 2024.

About Hawthorn Bancshares, Inc.

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, 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 amount of the approved quarterly cash dividend for Hawthorn Bancshares, Inc. (HWBK)?

The approved quarterly cash dividend for HWBK is $0.17 per common share.

When will the approved quarterly cash dividend be payable to shareholders of Hawthorn Bancshares, Inc. (HWBK)?

The approved quarterly cash dividend will be payable on April 1, 2024.

When is the record date for shareholders to receive the approved quarterly cash dividend from Hawthorn Bancshares, Inc. (HWBK)?

Shareholders of record at the close of business on March 15, 2024, will receive the approved quarterly cash dividend.

What does the approval of the quarterly cash dividend indicate for Hawthorn Bancshares, Inc. (HWBK)?

The approval indicates the company's financial stability and commitment to returning value to shareholders.

Hawthorn Bancshars Inc.

NASDAQ:HWBK

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221.48M
6.99M
17.72%
27.37%
1.69%
Banks - Regional
National Commercial Banks
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United States of America
JEFFERSON CITY