Hawthorn Bancshares (HWBK) Raises Quarterly Dividend 600% to $0.07; 1.5% Yield

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Hawthorn Bancshares Announces Increased Cash Dividend and Stock Dividend

May 10, 2017 4:52 PM EDT

JEFFERSON CITY, Mo.--(BUSINESS WIRE)-- Hawthorn Bancshares of Jefferson City, MO (NASDAQ: HWBK) announced today that its Board of Directors approved an increase in the quarterly cash dividend of $0.01 per share, or 16.7%, to a total of $0.07 per share, payable July 1, 2017 to shareholders of record at the close of business on June 15, 2017. Chairman David T. Turner stated Hawthorn increased the dividend from $0.05 per share to $0.06 per share on January 1,... More