Hawthorn Bancshares Announces Cash Dividend

Rhea-AI Summary

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) has declared a quarterly cash dividend of $0.17 per common share, set for payment on January 1, 2023, to shareholders on record by the close of business on December 15, 2022.

This announcement reflects the company's ongoing commitment to return value to its shareholders as it continues to operate through its various Missouri locations.

Positive

• Quarterly cash dividend of $0.17 per share signifies shareholder value return.
• Payment date of January 1, 2023, promotes investor confidence.

Negative

• None.

JEFFERSON CITY, Mo., Oct. 26, 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 January 1, 2023 to shareholders of record at the close of business on December 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 announced in October 2022?

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

When will the dividend for HWBK be paid?

The dividend will be paid on January 1, 2023.

What is the record date for the HWBK dividend?

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

How frequently does HWBK pay dividends?

Hawthorn Bancshares has a history of paying quarterly dividends.