Hawkins, Inc. declared a quarterly dividend of $0.18 per share, payable on February 28, 2025, maintaining a long-standing tradition.
Quiver AI Summary
Hawkins, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share, which will be paid on February 28, 2025, to shareholders recorded by February 14, 2025. The company, which has consistently paid dividends since 1985, is a prominent provider of water treatment and specialty ingredients, founded in 1938 and based in Roseville, Minnesota. With 61 facilities across 28 states and approximately 1,000 employees, Hawkins generated $919 million in revenue in fiscal 2024. For more investor information, individuals can visit their website.
Potential Positives
- The Board of Directors declared a quarterly cash dividend of $0.18 per share, demonstrating a commitment to returning value to shareholders.
- Hawkins, Inc. has a long history of consistent dividend payments since 1985, highlighting stability and reliability to investors.
- The company reported significant revenue of $919 million in fiscal 2024, indicating strong business performance and financial health.
- Hawkins, Inc. operates 61 facilities across 28 states, showcasing a robust operational presence and capacity to meet customer needs effectively.
Potential Negatives
- Declaring a relatively low quarterly cash dividend of $0.18 per share may signal to investors that the company is facing challenges in generating higher returns, potentially impacting shareholder confidence.
- While Hawkins has a long history of paying dividends since 1985, the decision to maintain a dividend at this level could suggest limitations in the company's growth or profitability, raising concerns among investors about future financial performance.
- The press release does not mention any significant developments or strategies related to growth or innovation, which might imply a lack of direction or proactive measures to enhance market position.
FAQ
What is the cash dividend declared by Hawkins, Inc.?
The Board of Directors declared a quarterly cash dividend of $0.18 per share.
When will the dividend be paid to shareholders?
The dividend will be payable on February 28, 2025.
What is the record date for the dividend?
The record date for the dividend is February 14, 2025.
How long has Hawkins, Inc. been paying dividends?
Hawkins, Inc. has consistently paid out dividends since 1985.
What are the primary markets served by Hawkins, Inc.?
Hawkins, Inc. serves Industrial, Water Treatment, and Health & Nutrition markets.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HWKN Hedge Fund Activity
We have seen 124 institutional investors add shares of $HWKN stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 229,483 shares (-82.1%) from their portfolio in Q3 2024, for an estimated $29,252,198
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added 211,472 shares (+487.7%) to their portfolio in Q4 2024, for an estimated $25,941,270
- FULLER & THALER ASSET MANAGEMENT, INC. added 165,343 shares (+111.0%) to their portfolio in Q3 2024, for an estimated $21,076,272
- GOLDMAN SACHS GROUP INC added 117,117 shares (+310.4%) to their portfolio in Q3 2024, for an estimated $14,928,903
- FIRST TRUST ADVISORS LP removed 104,783 shares (-30.7%) from their portfolio in Q3 2024, for an estimated $13,356,689
- DIMENSIONAL FUND ADVISORS LP removed 91,247 shares (-9.7%) from their portfolio in Q3 2024, for an estimated $11,631,255
- KENNEDY CAPITAL MANAGEMENT LLC removed 89,288 shares (-59.2%) from their portfolio in Q3 2024, for an estimated $11,381,541
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ROSEVILLE, Minn., Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on January 29, 2025, declared a quarterly cash dividend of $0.18 per share, payable February 28, 2025, to shareholders of record at the close of business on February 14, 2025. Hawkins has consistently paid out a dividend since 1985.
About Hawkins, Inc.
Hawkins, Inc. was founded in 1938 and is a leading water treatment and specialty 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 61 facilities in 28 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $919 million of revenue in fiscal 2024 and has approximately 1,000 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors .
Contact: Jeffrey P. Oldenkamp
Executive Vice President and Chief Financial Officer
612/331-6910
[email protected]
