Hawkins, Inc. Increases its Quarterly Cash Dividend by 13% to $0.18 Per Share

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Hawkins, Inc. (Nasdaq: HWKN) has announced a 13% increase in its quarterly cash dividend to $0.18 per share, payable on August 30, 2024, to shareholders of record as of August 16, 2024. This decision, made by the Board of Directors on July 31, 2024, continues Hawkins' tradition of consistent dividend payments since 1985.

Hawkins, founded in 1938, is a leading specialty chemical and ingredients company serving Industrial, Water Treatment, and Health & Nutrition sectors. With 60 facilities across 27 states and approximately 950 employees, the company generated $919 million in revenue for fiscal 2024. Hawkins is known for its superb customer service, quality products, and personalized applications.

Positive

Increased quarterly dividend by 13% to $0.18 per share
Consistent dividend payment history since 1985
Generated $919 million in revenue for fiscal 2024
Operates 60 facilities across 27 states

Negative

None.

News Market Reaction – HWKN

+16.81%

1 alert

+16.81% News Effect

On the day this news was published, HWKN gained 16.81%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

07/31/2024 - 04:05 PM

ROSEVILLE, Minn., July 31, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on July 31, 2024, increased its quarterly cash dividend by 13% to $0.18 per share, payable August 30, 2024, to shareholders of record at the close of business on August 16, 2024. Hawkins has consistently paid out a dividend since 1985.

About Hawkins, Inc.

Hawkins, Inc. was founded in 1938 and is a leading specialty chemical and 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 60 facilities in 27 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 950 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.