Hawthorn Bancshares Announces Cash and Stock Dividend
Hawthorn Bancshares (NASDAQ: HWBK) announced a quarterly cash dividend of $0.12 per share, payable on July 1, 2020, to shareholders of record by June 15, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Hawthorn Bancshares (NASDAQ: HWBK) announced a quarterly cash dividend of $0.12 per share, payable on July 1, 2020, to shareholders of record by June 15, 2020. This marks a continuation of its previous dividend rate. Additionally, the Board approved a special stock dividend of 4%, also payable on July 1, 2020, under the same conditions.
Positive
- Quarterly cash dividend of $0.12 per share reinforces shareholder value.
- Special stock dividend of 4% indicates confidence in future performance.
Negative
- None.
Details
News Market Reaction – HWBK
The recorded move for HWBK in the trading session of this news was +7.43%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JEFFERSON CITY, Mo., May 06, 2020 (GLOBE NEWSWIRE) -- Hawthorn Bancshares of Jefferson City, MO (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of
About Hawthorn Bancshares
Hawthorn Bancshares, Inc., a financial-bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank of Jefferson City, Missouri with additional locations in the Missouri communities of Lee's Summit, Liberty, Springfield, Independence, Columbia, Clinton, Osceola, Warsaw, Belton, Drexel, Harrisonville, California, St. Louis and St. Robert, Missouri.
Statements made in this press release that suggest Hawthorn Bancshares' 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 and 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.
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