Hawthorn Bancshares Announces Cash Dividend

Rhea-AI Summary

Hawthorn Bancshares has declared a quarterly cash dividend of $0.12 per share, payable on October 1, 2020, to shareholders on record as of September 15, 2020. This dividend is consistent with the previous quarterly rate, reflecting the company's ongoing commitment to returning value to its shareholders. Hawthorn Bancshares operates several bank locations across Missouri and is recognized for its stable financial management.

Positive

• Consistent quarterly dividend of $0.12 per share enhances shareholder value.
• Demonstrates company confidence in financial stability.

Negative

• None.

JEFFERSON CITY, Mo., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Hawthorn Bancshares of Jefferson City, MO (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.12 per share payable October 1, 2020 to shareholders of record at the close of business on September 15, 2020. This dividend payment is consistent with the previous quarterly rate.

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.

FAQ

What is the dividend amount declared by Hawthorn Bancshares?

The dividend amount declared is $0.12 per share.

When is the dividend payment date for Hawthorn Bancshares?

The dividend payment date is October 1, 2020.

What is the record date for the dividend payment of Hawthorn Bancshares?

The record date for the dividend payment is September 15, 2020.

How often does Hawthorn Bancshares pay dividends?

Hawthorn Bancshares typically pays dividends on a quarterly basis.

Is the dividend from Hawthorn Bancshares sustainable?

While the recent dividend is consistent, it is important to monitor the company's ongoing financial performance for sustainability.