Hawthorn Bancshares Announces Cash Dividend

Rhea-AI Summary

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced a quarterly cash dividend of $0.15 per share, to be paid on January 1, 2022, for shareholders on record by December 15, 2021. This dividend aligns with the previous quarterly rate, demonstrating the company's consistent financial management.

Hawthorn Bancshares is based in Jefferson City, Missouri, and operates multiple branches across the state, providing essential banking services to its communities.

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• Quarterly cash dividend of $0.15 per share reflects consistent financial management.

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• None.

JEFFERSON CITY, Mo., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.15 per share, payable January 1, 2022 to shareholders of record at the close of business on December 15, 2021. The 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 for Hawthorn Bancshares (HWBK)?

The dividend amount for Hawthorn Bancshares is $0.15 per share.

When is the dividend payment date for HWBK?

The dividend payment date is January 1, 2022.

Who is eligible for the HWBK dividend?

Shareholders on record by December 15, 2021, are eligible for the dividend.

How often does Hawthorn Bancshares pay dividends?

Hawthorn Bancshares typically pays dividends quarterly.

Is the dividend for HWBK sustainable?

The announcement of a consistent dividend suggests a stable outlook, though sustainability may depend on future financial performance.