Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Declares Quarterly Dividend of $0.19

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) declared a quarterly dividend on Wednesday, January 22nd,RTT News reports. Investors of record on Saturday, March 15th will be given a dividend of 0.19 per share by the financial services provider on Tuesday, April 1st. This represents a $0.76 dividend on an annualized basis and a yield of 2.40%.

Hawthorn Bancshares has increased its dividend by an average of 23.5% per year over the last three years.

Hawthorn Bancshares Price Performance

Shares of Hawthorn Bancshares stock traded up $0.36 on Wednesday, reaching $31.65. The company's stock had a trading volume of 4,973 shares, compared to its average volume of 8,294. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $221.23 million, a P/E ratio of 35.17 and a beta of 0.58. The stock has a 50-day moving average price of $30.49 and a 200-day moving average price of $25.89. Hawthorn Bancshares has a 52-week low of $17.86 and a 52-week high of $34.00.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 5.67% and a return on equity of 4.46%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Hawthorn Bancshares from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th.

Insiders Place Their Bets

In other Hawthorn Bancshares news, Director Frank E. Burkhead sold 3,000 shares of the company's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total transaction of $95,610.00. Following the completion of the transaction, the director now owns 11,477 shares in the company, valued at approximately $365,771.99. This represents a 20.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Holtaway sold 5,053 shares of the business's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total transaction of $144,364.21. Following the transaction, the director now owns 402,460 shares in the company, valued at approximately $11,498,282.20. This trade represents a 1.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,457 shares of company stock valued at $285,175. Insiders own 23.40% of the company's stock.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.

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