Hawkins, Inc. Increases Quarterly Cash Dividend by 7% to $0.15 Per Share

Rhea-AI Summary

On February 1, 2023, Hawkins, Inc. (Nasdaq: HWKN) announced a 7% increase in its quarterly cash dividend, raising it to $0.15 per share. This dividend will be payable on March 3, 2023, to shareholders on record as of February 17, 2023. Hawkins has a strong history of consistent dividend payments since 1985.

Hawkins, Inc., founded in 1938, is a leading specialty chemical and ingredients company, generating $775 million in revenue in fiscal 2022. The company operates 51 facilities across 25 states and employs approximately 800 individuals.

Positive

• Increased quarterly cash dividend by 7% to $0.15 per share.
• Consistent dividend payouts since 1985, indicating financial stability.
• Generated $775 million in revenue for fiscal 2022.

Negative

• None.

ROSEVILLE, Minn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on February 1, 2023, increased its quarterly cash dividend 7% to $0.15 per share payable March 3, 2023, to shareholders of record at the close of business on February 17, 2023. 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 51 facilities in 25 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $775 million of revenue in fiscal 2022 and has approximately 800 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.

FAQ

What is the new dividend amount for Hawkins, Inc. (HWKN)?

Hawkins, Inc. increased its quarterly dividend to $0.15 per share.

When will the new dividend be paid by Hawkins, Inc.?

The new dividend will be paid on March 3, 2023.

What is the record date for the dividend payment from Hawkins, Inc.?

The record date for the dividend payment is February 17, 2023.

How long has Hawkins, Inc. been paying dividends?

Hawkins, Inc. has been paying dividends consistently since 1985.

What was Hawkins, Inc.'s revenue in fiscal 2022?

Hawkins, Inc. generated $775 million in revenue in fiscal 2022.