Hawthorn Bancshares, Inc. (NASDAQ:HWBK) Plans Quarterly Dividend of $0.20

Key Points

• Hawthorn Bancshares, Inc. has declared a quarterly dividend of $0.20 per share, with payment set for October 1st to stockholders of record on September 15th. This translates to an annualized dividend of $0.80 and a yield of 2.78%.
• The company recently reported earnings of $0.88 per share for the quarter, demonstrating a return on equity of 13.06% and a net margin of 17.52%.
• Hawthorn Bancshares has authorized a share buyback plan of up to $10.00 million, signaling management's belief that the stock is undervalued.

Hawthorn Bancshares, Inc. (NASDAQ:HWBK - Get Free Report) announced a quarterly dividend on Wednesday, July 30th, RTT News reports. Investors of record on Monday, September 15th will be paid a dividend of 0.20 per share by the financial services provider on Wednesday, October 1st. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, September 15th.

Hawthorn Bancshares Stock Performance

NASDAQ HWBK traded down $0.30 during trading hours on Friday, hitting $28.22. 18,597 shares of the company's stock traded hands, compared to its average volume of 10,450. The business's fifty day moving average price is $28.93 and its two-hundred day moving average price is $29.61. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $195.56 million, a P/E ratio of 9.50 and a beta of 0.63. Hawthorn Bancshares has a 52 week low of $20.00 and a 52 week high of $35.95.

Hawthorn Bancshares (NASDAQ:HWBK - Get Free Report) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $19.69 million during the quarter. Hawthorn Bancshares had a net margin of 18.88% and a return on equity of 13.79%.

Hedge Funds Weigh In On Hawthorn Bancshares

A number of hedge funds have recently modified their holdings of HWBK. Rhino Investment Partners Inc bought a new position in shares of Hawthorn Bancshares in the fourth quarter worth approximately $2,046,000. Susquehanna International Group LLP boosted its position in shares of Hawthorn Bancshares by 163.3% in the fourth quarter. Susquehanna International Group LLP now owns 81,309 shares of the financial services provider's stock worth $2,305,000 after purchasing an additional 50,429 shares during the period. Jane Street Group LLC bought a new position in shares of Hawthorn Bancshares during the first quarter worth $457,000. Goldman Sachs Group Inc. boosted its position in shares of Hawthorn Bancshares by 150.7% during the first quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider's stock worth $578,000 after acquiring an additional 12,299 shares during the last quarter. Finally, 683 Capital Management LLC bought a new position in shares of Hawthorn Bancshares during the fourth quarter worth $320,000. 30.73% of the stock is currently owned by institutional investors.

About Hawthorn Bancshares

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.