Hawkins, Inc. Declares Quarterly Cash Dividend of $0.16 Per Share

Rhea-AI Summary

The Board of Directors of Hawkins has declared a quarterly cash dividend of $0.16 per share, payable on June 14, 2024, to shareholders of record as of May 31, 2024. Hawkins, a specialty chemical and ingredients company, has consistently issued dividends since 1985. Founded in 1938, the company operates in the Industrial, Water Treatment, and Health & Nutrition sectors, boasting 59 facilities across 26 states. In fiscal 2023, Hawkins reported revenues of $935 million and employs around 950 people.

Positive

• Quarterly cash dividend of $0.16 per share indicates positive cash flow and shareholder value.
• Hawkins has a long history of consistent dividend payments since 1985.
• Revenue of $935 million in fiscal 2023 demonstrates significant business scale.
• Company's operation spans 59 facilities in 26 states, showing extensive market presence.

Negative

• The press release does not mention any growth in dividend amount, suggesting potential stagnation.
• The fiscal revenue figure is historical and does not provide current year performance, limiting investor insight.

ROSEVILLE, Minn., May 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on May 15, 2024, declared a quarterly cash dividend of $0.16 per share payable June 14, 2024, to shareholders of record at the close of business on May 31, 2024. Hawkins has consistently paid out a dividend since 1985.

About Hawkins, Inc.

Hawkins, Inc. was founded in 1938 and is a leading specialty chemical and ingredients company that formulates, distributes, blends, and manufactures products for its Industrial, Water Treatment, and Health & Nutrition customers. Headquartered in Roseville, Minnesota, the Company has 59 facilities in 26 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $935 million of revenue in fiscal 2023 and has approximately 950 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.

FAQ

When will Hawkins pay the $0.16 dividend declared on May 15, 2024?

Hawkins will pay the $0.16 dividend on June 14, 2024.

What is the record date for Hawkins' dividend payable on June 14, 2024?

The record date for Hawkins' dividend is May 31, 2024.

How long has Hawkins been paying dividends?

Hawkins has been paying dividends consistently since 1985.

What sectors does Hawkins operate in?

Hawkins operates in the Industrial, Water Treatment, and Health & Nutrition sectors.

What was Hawkins' revenue in fiscal 2023?

Hawkins' revenue in fiscal 2023 was $935 million.

How many employees does Hawkins have?

Hawkins has approximately 950 employees.