Hawthorn Bancshares Announces Cash Dividend

Rhea-AI Summary

Hawthorn Bancshares (NASDAQ: HWBK) has announced a quarterly cash dividend of $0.13 per share, scheduled for payment on April 1, 2021. Shareholders on record as of the close of business on March 15, 2021 will be eligible for this dividend, maintaining consistency with previous quarterly distributions. The company is headquartered in Jefferson City, Missouri, and operates multiple branches across the state.

Positive

• Quarterly cash dividend of $0.13 per share reflects consistent payout to shareholders.
• Payment scheduled for April 1, 2021, indicating ongoing financial stability.

Negative

• None.

JEFFERSON CITY, Mo., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Hawthorn Bancshares of Jefferson City, MO (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.13 per share payable April 1, 2021 to shareholders of record at the close of business on March 15, 2021. 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.

Contact:	Hawthorn Bancshares Inc.
	Stephen E. Guthrie
	Chief Financial Officer
	TEL: 573.761.6100   FAX: 573.761.6276
	www.HawthornBancshares.com

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. You can identify forward-looking statements from the use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “estimates,” “offers,” “plans,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained herein, including statements pertaining to the uncertain financial impact of COVID-19. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, many of which may be incorrect or imprecise and are beyond our ability to control or predict. There is no assurance the events or circumstances reflected in any forward-looking statements will occur. Additional information concerning factors that could cause actual results to differ materially from those reflected in any forward-looking statements is contained from time to time in the Company's quarterly and annual reports filed with the Securities and Exchange Commission. We claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 with respect to any forward-looking statements attributable to us.

FAQ

What is the dividend amount for Hawthorn Bancshares (HWBK)?

Hawthorn Bancshares has announced a quarterly cash dividend of $0.13 per share.

When is the dividend payment date for HWBK?

The dividend payment date for Hawthorn Bancshares is April 1, 2021.

Who is eligible for the dividend from HWBK?

Shareholders of record at the close of business on March 15, 2021, are eligible for the dividend.

Is the dividend payout for HWBK consistent?

Yes, the latest dividend of $0.13 per share is consistent with previous quarterly rates.