Hawthorn Bancshares announced a quarterly cash dividend of $0.19 per share, payable April 1, 2025.
Quiver AI Summary
Hawthorn Bancshares, Inc. announced a quarterly cash dividend of $0.19 per common share, set to be paid on April 1, 2025, to shareholders recorded by March 15, 2025. The company, based in Jefferson City, Missouri, is the parent of Hawthorn Bank, which has been serving families and businesses for over 150 years across several locations including Kansas City, Jefferson City, and Springfield. The press release also includes a disclaimer regarding forward-looking statements about the company's intentions and potential future performance, cautioning that actual outcomes may vary from their projections.
Potential Positives
- The approval of a quarterly cash dividend of $0.19 per common share demonstrates the company's commitment to returning value to shareholders.
- The dividend payout indicates a stable financial position and profitability, which may enhance investor confidence.
- The scheduled dividend payment on April 1, 2025, can attract new investors and bolster stock performance leading up to the dividend date.
Potential Negatives
- The announcement of a dividend could indicate that the company is not retaining enough earnings for growth or investment, potentially signaling a lack of strong future prospects.
- The reliance on forward-looking statements with disclaimers about actual results differing materially could raise concerns about the company's transparency and reliability in its projections.
- The specific date for dividend payment and record might highlight a tighter liquidity position if perceived as a strategic decision to manage cash flow more tightly.
FAQ
What is the dividend payment approved by Hawthorn Bancshares?
Hawthorn Bancshares approved a quarterly cash dividend of $0.19 per common share.
When will the dividend be paid?
The dividend will be payable on April 1, 2025.
What is the record date for the dividend?
Shareholders must be on record by the close of business on March 15, 2025.
Where is Hawthorn Bancshares located?
Hawthorn Bancshares is headquartered in Jefferson City, Missouri.
How long has Hawthorn Bank been serving customers?
Hawthorn Bank has served families and businesses for over 150 years.
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.
$HWBK Insider Trading Activity
$HWBK insiders have traded $HWBK stock on the open market 10 times in the past 6 months. Of those trades, 2 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $HWBK stock by insiders over the last 6 months:
- JONATHAN HOLTAWAY has made 0 purchases and 7 sales selling 25,322 shares for an estimated $778,342.
- FRANK E. BURKHEAD has made 1 purchase buying 100 shares for an estimated $2,184 and 1 sale selling 3,000 shares for an estimated $95,595.
- SHAWNA M. HETTINGER purchased 21 shares for an estimated $506
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HWBK Hedge Fund Activity
We have seen 14 institutional investors add shares of $HWBK stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANE STREET GROUP, LLC removed 16,946 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $424,158
- COLONY GROUP, LLC added 9,209 shares (+inf%) to their portfolio in Q3 2024, for an estimated $230,501
- MONETA GROUP INVESTMENT ADVISORS LLC added 9,144 shares (+inf%) to their portfolio in Q3 2024, for an estimated $228,874
- PRICE T ROWE ASSOCIATES INC /MD/ added 8,222 shares (+inf%) to their portfolio in Q3 2024, for an estimated $205,796
- QUBE RESEARCH & TECHNOLOGIES LTD added 8,114 shares (+7244.6%) to their portfolio in Q3 2024, for an estimated $203,093
- BLACKROCK, INC. removed 7,910 shares (-15.0%) from their portfolio in Q3 2024, for an estimated $197,987
- GEODE CAPITAL MANAGEMENT, LLC added 6,955 shares (+11.3%) to their portfolio in Q3 2024, for an estimated $174,083
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
JEFFERSON CITY, Mo., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.19 per common share, payable April 1, 2025 to shareholders of record at the close of business on March 15, 2025.
About Hawthorn Bancshares, Inc.
Hawthorn Bancshares, Inc., a financial-bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank, which has served families and businesses for more than 150 years. Hawthorn Bank has multiple locations, including in the greater Kansas City metropolitan area, Jefferson City, Columbia, Springfield, and Clinton.
Statements made in this press release that suggest the Company's or management's intentions, hopes, beliefs, expectations, or predictions of the future include "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in such forward-looking statements is contained from time to time in the Company's quarterly and annual reports filed with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this communication, and the Company disclaims any obligation to update any forward-looking statement or to publicly announce the results of any revisions to any of the forward-looking statements included herein, except as required by law.
