Hawkins, Inc. Increases Quarterly Cash Dividend by 8% to $0.14 Per Share

Rhea-AI Summary

The Board of Directors of Hawkins increased its quarterly cash dividend by 8% to $0.14 per share, payable on March 4, 2022. Shareholders of record by February 18, 2022 will receive this payment. Over the past year, the dividend has risen by 14%. Hawkins, a leading specialty chemical company founded in 1938, reported $597 million in revenue for fiscal 2021 and has consistently paid dividends since 1985.

Positive

• 8% increase in quarterly dividend to $0.14 per share.
• 14% dividend growth over the last year.
• Consistent dividend payments since 1985.

Negative

• None.

Roseville, MN, Feb. 02, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on February 2, 2022, increased its quarterly cash dividend 8% to $0.14 per share payable March 4, 2022, to shareholders of record at the close of business on February 18, 2022. With this increase, the dividend has been increased by 14% over the last 12 months. 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, and with 49 facilities in 24 states, the Company creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $597 million of revenue in fiscal 2021 and has approximately 750 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.